DislikedHi Aser, can you please share a little your trade management approach?
I was thinking what if I took this setup, I see only two options: either break even or reduced stop on this trade.
You do not move to BE or reduce stop? But take half off at FTA and let the rest run?Ignored
here is what i do normally:
i am looking for entry, sl and tp.
then i am calculating the amount to invest. i never risk more than 1% of my account. if the trade is developing well, i take only 1/2 or 1/3 at tp and let the rest run.
concerning isca: i see that it is already about +4% today. now there are about 2 more hours to trade at nyse. i don't expect any more big action on a friday. therefore i take half of my position off and put the stopp to break even.
hth
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