Risk reward ratio = 3
possible lose of about 14% of your position, that's why you shouldn't enter with more than 20% of your portfolio so you don't risk more than 3% of the portfolio
if you are not welling to risk 3% then lower your position size to your preferences
Analysis is based on volume related tools mainly
Good luck to both of us :)
possible lose of about 14% of your position, that's why you shouldn't enter with more than 20% of your portfolio so you don't risk more than 3% of the portfolio
if you are not welling to risk 3% then lower your position size to your preferences
Analysis is based on volume related tools mainly
Good luck to both of us :)
Trade active:
the entry was pretty good, we are on about 15% of gains
I suggest taking some profits like selling 1 third of you position for example
and moving the stop lose from 0.18 to 0.2
so you be in profit either ways
I suggest taking some profits like selling 1 third of you position for example
and moving the stop lose from 0.18 to 0.2
so you be in profit either ways
Comment:
if you did take some profits at 0.24
it's not a bad Idea to re-buy again at 0.21 if the price goes there again
it's not a bad Idea to re-buy again at 0.21 if the price goes there again
Trade closed: target reached
0,22 and 0,20
so my average cost will be 0,21