Ichimoku:ICPUSDT Near the strong support, the profit loss ratio

Ichimoku:ICPUSDT Near the strong support, the profit loss ratio

If you refer to my strategy, please control the possible loss of a single transaction at 1-2%! No matter how accurate, trading is a multi-party game many times a day! If you have a big position, there will always be a wave of wrong market burying your account

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Increased probability of error, active stop loss @ 31.56

Trade closed manually

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The price may fall below the marked support and back test the trend line @ 28.5

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Leaving the market to wait and see does not mean can short

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If the price can effectively break through @ 33.95
I will continue to enter the market and go long, stop loss @ 31.5, target @ 40
Only the profit loss ratio was changed to 2.3:1
Take the initiative to admit mistakes to avoid the elimination of the whole position

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Stop loss is divided into active and passive
In this transaction case, it has been in a weak position since the entry time. The purpose of monitoring and staring at the market is to ensure that the short-term trend will not change suddenly. When the objective law changes, we should take the initiative to stop and wait and see to reduce costs. Of course, there are also mistakes. After all, indicators are not omnipotent! Tested active stop loss is very helpful for trading confidence! There is an old Chinese saying, indecisiveness leads to disaster

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@28.62 lOW TODAY

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my new plan.......

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