rest position break even and exited without losing money
When reaching 0.382 first target, we need to close half position and BE the rest of the position.
Do not turn a wining trade into a losing trade.
Some of you may thinking this trade was stopped. yes the price did break new low,
however, it rallys to 33.10 before it go down.
entry at 32.50, and close half at 33.10, wining 70 pips.
Weechat ID: 32114564
My advice is : Plan your own trade, get some idea from other people's chart and trade your own plan. No one is responsible for your account except you.
If you just any how follow one of the author blindly without putting your own effort, it will not help you in terms of building your own trading system. Tradingview can be closed, authors can leave, then who else can you follow?
Please continue to spot these great trading opportunitys
and I can also only advice to make use of this break even!! many new AND experienced traders just dont do it and rather take a loss because they are more afraid that a trade could stop at 0 and turn to profit then losing money :(
for people that frequently have this kind of thoughts, it just shows that he is not consistent.
This is something about psychology:
Doing the analysis, set up your plan and trade them! The result is just an outcome of your trade plan. Either you win with a great reward or you lose with a small sum of your capital.
If I followed my rules of planing a trade and that trade became a losing trade, I will just accept it and move to the next potential wining trade.
Be patient, Be consistent.