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1/8 GM everyone,
Time for some trade brake down as one of the people in the comments was confused on why the SL was moved into profit.
Q: why move the SL to profit, nothing changed.
A: The whole regime of the trade changed once is in profit.
Time for some trade brake down as one of the people in the comments was confused on why the SL was moved into profit.
Q: why move the SL to profit, nothing changed.
A: The whole regime of the trade changed once is in profit.
2/8 Q: OK but moving the SL in profit you don't have same RR.
A: Let's extrapolate, from 500 trades if I manage to have SL in profit for 400 of them & 100 closed on usual SL with RR 1/2.5 you think is a good ratio?
This is my "edge" & I'll capitalize on it while minimizing loses
A: Let's extrapolate, from 500 trades if I manage to have SL in profit for 400 of them & 100 closed on usual SL with RR 1/2.5 you think is a good ratio?
This is my "edge" & I'll capitalize on it while minimizing loses
3/8 What happened with the initial $BNB short:
After the trade went ITM (in the money) I placed the StopLoss in profit and on yesterday's better than expected #CPI print it was closed.
I almost never trade on high volatility news, so I waited for the dust to settle.
After the trade went ITM (in the money) I placed the StopLoss in profit and on yesterday's better than expected #CPI print it was closed.
I almost never trade on high volatility news, so I waited for the dust to settle.
