Remember Risk management is more important than anything else. Trading is about long term gains so stay consistent.
Price has reached a Support level.
The reason for the wide SL is to avoid the market going insane and closing the trading in a loss. If the market is going the opposite direction, we will close it before hitting the SL.
TP is at a realistic level as well even though I believe it will go higher.
But more important than anything else is TO BE PATIENT.
Happy Trading :)
Sepz
Price has reached a Support level.
The reason for the wide SL is to avoid the market going insane and closing the trading in a loss. If the market is going the opposite direction, we will close it before hitting the SL.
TP is at a realistic level as well even though I believe it will go higher.
But more important than anything else is TO BE PATIENT.
Happy Trading :)
Sepz
Trade closed: target reached:
Beautiful hit our TP.
Easy 30% growth on the account! :)
Keep in mind, trading is not a game of buying and selling. But a game of patience. ;)
Easy 30% growth on the account! :)
Keep in mind, trading is not a game of buying and selling. But a game of patience. ;)