Post by
manxcan on Apr 05, 2018 12:02pm
My Strategy
Patience let’s safer price range entry establish. Next decision how to wait out the stall, add big on incremental support.
Exit. No problem taking a loss of 15 cents. No problem, I strive to win 8/10, accept loser, let winner sell 1/2 out with 2 moving up exits, let rest run and exhaust. There one needs patience with small exit amounts.
Respect risk. My trade is on weak side so really up 20 cents I want close to 1/4 off as gain is 1.2%. On weak side my trade is contrary to 2 day trend so high risk until you get within 1% of the day high.
So so this can go either way, and one must first exit or greatly reduce on a day or intra week trade. Much easier trade on Friday.
Glta Manx