I used discretionary and systematic methods to get into this winning trade.
I noticed there was a strong divergence in the RSI, price kept going up however the RSI was making lower highs.
I decided to risk 4% of my capital, i will get out of my trade if i lose 2%.
Price went on to break the lower donchian channel.
My system tells me i should add more, i again risked another 4% of capital.
I will begin to reduce my position when i notice a big divergence or when price breaks the upper donchian channels.
Keep it simple!
I noticed there was a strong divergence in the RSI, price kept going up however the RSI was making lower highs.
I decided to risk 4% of my capital, i will get out of my trade if i lose 2%.
Price went on to break the lower donchian channel.
My system tells me i should add more, i again risked another 4% of capital.
I will begin to reduce my position when i notice a big divergence or when price breaks the upper donchian channels.
Keep it simple!
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.