Disliked{quote} It's like when Mr Pip does a "Rescue Mission" on a few of his live trades. Lets say you were entering with 2 contracts. Scaling in would be entering twice with 1 contract. Your first entry would with one contract and your second entry would be with one contract as well, for a total of two. It's simply splitting up your order. Lets say your expectation is for a NSH, Mr Pip's training says to enter at the next HL. So you enter at the first HL with 1 contract instead of 2. Price then Forms a NSH then another HL but you're still in the trade....Ignored
Thanks Maule perfectly clear now i did not know this, did not watched the live yet, even i like to trade something similar most for my exit as you can see on my previous post on UJ m5, never did for my entry but i will think about this, thanks, also as i'm trading m1,m5 when i finished my analysis i enter with really tight stop most of the time, 90% 5-7 pips and i prefer to enter again on good opportunity same i did today on UJ again, was stopped 2 times @be+ and the third attempt was the good one, may be another way to keep my risk low.. Anyway i appreciated your explanation, thanks.
There is no way to happiness , happiness is the way.
1