Ususally after we enter a trade (mostly long trade) after some time we notice more attractive levels do you save capital to enter trades on these more attractive levels?
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Ususally after we enter a trade (mostly long trade) after some time we notice more attractive levels do you save capital to enter trades on these more attractive levels?
Well it does happens at times that we are into a trade and there are better levels and we think we would have waited.It is better to wait for right entry levels to enter a trade but that has to be decided by a trader based on his analysis and study.
conserving the capital in any way is a good ploy i should say, but there is no such thing as the perfect conditions to trade. the market is a see saw u will never know where it will move. everyone, be a pro or a newvie, takes a risk in opening a position. inspite of his best calculations the pros also lose money because the market is influence by so many factors which are beyond a traders limits
We have to maintain capital management in a firm where we can not enter more than 3 5 for the account and so we will have money and abundant in the account to invest in the levels of the most attractive in the currency market and often be in the long run because it needs a period of time to achieve the goals as well as to the abundance in the head money available (Margin)
Yes! I do save capital to trade at the right time when the market seems the most profitable. I generally trade with 5% of my overall account capital and when i see that the market is profitable to be traded, i invest 10% to 15% instead of 5%. Before all i used the invest my whole capital, but after years of losses, i have learned my lessons.