I have long-term views on GBPUSD selling off. I don’t usually add onto negative position so, this is experimental for me. Looking at previous candles to determine a safe stop-loss and reasonable scope. The profit target will be the same as the last trade setup.
What are your opinions adding to negative positions. I would like to know peoples thoughts?
What are your opinions adding to negative positions. I would like to know peoples thoughts?
Note
I've moved the first stop-loss to 1.40100, roughly a 1:3 risk to reward to give the investment some room. This has exposed me to 2.1% estimated potential loss.Note
Still running in profit. will hold stoploss for a breakeven for worst result.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.