Based on my trend following strategy we have trend reversal for FCT. It might be a longer term uptrend. We enter position as usual in three stages to avoid false breakouts. Signal says to enter 1/3 of position. our stop is 0.0028. if there is exit signal, we sell instantly at market price all position.
Trade active:
we add 1/3 to our position.
Trade active:
we add final 1/3 to our position. now we wait. we have our stop at 0.0032
Trade closed: stop reached:
we closed our position based on strategy. we incurred small loss, which is normal for this strategy. to pay constantly little for losses and wait for big run.