Still in the game, double down

Do you use multiple entries comfortably?

This is what I do for risk management. I divide my risk for the trade into 3 parts:

1) 30% I enter always with this
2) 50% when the trade setup is confirmed good I add 50% on the second entry
3) 20% for my third entry

4) extra: as I use trailing, in case there is a 4th or 5th trade I add 10% extra for each. In any case never more than 5 entries.

Cagliostro wrote: Tue Dec 10, 2024 7:49 pm Good morning.

Not the best entry on DAX, as I did not wait for LO this time and got the liquidity sweep on my face. So a little bumpy ride so far
When this happens, ensure you have the SL very clear in your mind, in this case I have the circled star, as in 99% of the trades.
Never change your SL, if it does not work, get the loss and move on.


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