HorizontalPriceLevelsTrading

WHEN I CLOSE 30% at 5.20 to and the rest (70%) at 1 to 10

NASDAQ:WATT   ENERGOUS CORP
πŸ“œ
for instance: 30% of my position I close at 1 to 5.2 and the rest at 1 to 10

depposit 1500πŸ’² risk for a trade 0.4% the depo
using WATT stock as exaplme I can sell 60 stocks (paid 1πŸ’² commission)
30% closed at 1 to 5.20 (risk/reward) = 18 stocks = made 9.36πŸ’² (paid 1πŸ’² commission)
70% closed at 1 to 10 (risk/reward) = 42 stocks = made 42πŸ’² (paid 1πŸ’² commission)
all together paid 3πŸ’² commission

TO SUM IT UP - we have 8 to 1 risk reward πŸ’΅

If you close the whole position at 1 to 10 you'll get 60πŸ’² (- 2πŸ’² commission)
If you close 30% at 1 to 5.2 and 70% at 1 to 10 you'll get 51.36πŸ’² (- 3πŸ’² commission)


Looks good to me, WHAT DO YOU THINK?
Slow and Steady Wins the Race. Interested to study how to analyze charts πŸ“ˆπŸ“‰, to trade and earn living write here πŸ‘‰,🌌Telegram - https://t.me/yuriidomaranskyi || 🟒 Facebook πŸ‘‰ https://www.facebook.com/yurii.domaranskyi/

Comments

I like it. Imma keep an eye on it as well.. Nice work.
Reply
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