Position management

I still have the tendency to close my winning position too early therefore I start trading two lots. I will exit one lot with my discretion and I will set a trailing stop for the other half of the position. With this method I try to stay with the winning trades that has a good run and hopefully can achieve bigger gains.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: