I am loving this PYRAMIDING of Profits way.. i.e. enter in parts.. This is good way to trade in Bear Markets.. where we are getting huge SL and Pull backs!
In bull market we has trade opportunities with DP method with SL of 10 points most of times.. ever since market started sliding.. we are getting huge SL entries... so instead of skipping trades.. i started trading with half of usual quantity and adding more if market moves in your favour and PA suggesting more up/down side in your favour.. this approach of taking initial trade with reduced quantity (because of more risk involved) & adding more position on top of it, is i am calling "PYRAMIDING Of Profits" .
What is PYRAMIDING of Profits ?
ReplyDeleteIn bull market we has trade opportunities with DP method with SL of 10 points most of times.. ever since market started sliding.. we are getting huge SL entries... so instead of skipping trades.. i started trading with half of usual quantity and adding more if market moves in your favour and PA suggesting more up/down side in your favour.. this approach of taking initial trade with reduced quantity (because of more risk involved) & adding more position on top of it, is i am calling "PYRAMIDING Of Profits" .
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