Hi Traders,
Many might wonder when I put on long term trades does that mean I'm still not "juicing" out shorter term trades within a larger move. The answer is most of the time I'm still trading the volatility within larger moves to create more alpha. Stops are set as alerts to sell the smaller alpha creating positions within a large position. Out of this channel I've taken a total of short trades.
Stop Alert: 1.0863
Limit to Buy / Take Profit: 1.0698
Note: I do this with most long term positions and always trade in the direction of my overall position.
Good luck, hope you found this informative.
Many might wonder when I put on long term trades does that mean I'm still not "juicing" out shorter term trades within a larger move. The answer is most of the time I'm still trading the volatility within larger moves to create more alpha. Stops are set as alerts to sell the smaller alpha creating positions within a large position. Out of this channel I've taken a total of short trades.
Stop Alert: 1.0863
Limit to Buy / Take Profit: 1.0698
Note: I do this with most long term positions and always trade in the direction of my overall position.
Good luck, hope you found this informative.