After how many pips you open 2nd deal in same direction.

[will]

I don't know to another trader, if me I will open position again with averaging strategy at least 50 pips from last orders.
But I rarely use this strategy because it will work well if the movement of market was moving in retrace and it's not easy
to find out reverse direction.

[suresh]

According to my analysis if any trade is giving me loss then i will not open another trade here because i think it is not good for me and i do not open more trade at a time but if my trade hit the stop loss then i will give another by in same direction.

[lap]

some time am not use take profit and stop loss and when my trade go down I open next position in same direction after 50 to 60 pips. If market moves fast then I open after 100 to 120 pips for recovering the loss quickly.

[cozard007]

Well, opening a second deal has nothing to doing with the traders achievement in pips, the best thing is that the trader should calculate and know that the direction is undeniable truly.

[lap]

some time am not use take profit and stop loss and when my trade go down I open next position in same direction after 50 to 60 pips. If market moves fast then I open after 100 to 120 pips for recovering the loss quickly.

[room]

some time am not use take profit and stop loss and when my trade go down I open next position in same direction after 50 to 60 pips. If market moves fast then I open after 100 to 120 pips for recovering the loss quickly.

[fumina]

I think it will need a lot of consideration if you want to use averaging strategy because it will risk higher amount of pips
and it will become risky for traders with averaging if there is no knowledges about the direction of price and there is no
limitation for losses.

[dharampal]

my advice is if market is going up and your in loss then dont open your deal if you are confident market down after some time then go open deal when market reach maximum point otherwise not.so try to analyse market before putting order in same direction its very risky i lose much amount by doing this.

[sammy]

it doesnt depend on number of pips after which i m going to open trade on the same direction. it depends on some indicators and market sentiment. for example i use parabolic sar in my demo and when i see the downtrend raging again, i go for another sell..

[zaidis]

The guy then starts to move toward the center opened. Still ongoing and no support or resistance line off then see if there is and has already passed a special mid-line and again pivot is the buy or sale.