----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
ONLY ADD at support levels & FIB levels… labeled
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
How much % do you do you usually add on the supports of your trades?
Love your ideas.
SPYder_QQQueen_Trading
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@lgbucci43930, That's a really complicated question... can I just say that it's Saturday and I'm a little to high to answer that LOL. BUT... i do respond so can you re-ask like, maybe, tomorrow night?? That's when I usually get ready to get back into market mode 💃🏻
SPYder_QQQueen_Trading
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@lgbucci43930, HA... sorry about last night's comment. I just didn't have it in me at the moment. OK, SO. I usually start with 1% and I add .25% and sometimes up to 1% depending on where the supports are located in the red. This is really tricky to explain in words for some reason. Often it comes down to how well I know the specific stock and how it moves. I'm extremely technical in my approach to trading but the amounts per average down (not counting the initial new position buy order which is usually right at 1%) are a little more intuitive. I hope this helps.
Love your ideas.