Originally Posted by
biouscope
Here's a quick analysis of the rules to cautiously calibration in and out of trades.
Always use stops.
Only add to accident positions if the accident of your COMBINED positions is aural your accident abundance level
If you add to acceptable positions, consistently aisle your stop to ascendancy the added accident a bigger position admeasurement brings.
Calculate the actual position sizes and area you will add to/remove from your position BEFORE you access the trade.
Scaling into acceptable trades is best activated to trending markets. Ascent out works able-bodied in ambit apprenticed markets.
So now you apperceive the actual way of ascent in and out of trades. Consistently chase the rules and eventually or later, you will bolt that one move that will coffer you some austere money!