Always think consider two scenarios in your trades; 1. The market goes along with your technical analysis + gut feeling and you are in the green, good job! Now bring your excitement level down, remove your initial investment on the first profit target, maintain the profit on the trade until 2nd profit target and close the trade. I set stop-loss at - 10% and 2...
Always think consider two scenarios in your trades; 1. The market goes along with your technical analysis + gut feeling and you are in the green, good job! Now bring your excitement level down, remove your initial investment on the first profit target, maintain the profit on the trade until 2nd profit target and close the trade. I set stop-loss at - 10% and 2...
Two Possible Scenarios Developing (Follow-up on the previous successful trade, 10% Increase Profit) Scenario 1 - Quick 15% Profit (Pink Lines) IOTA breaks strong resistance at 4.45$, previously tested three times = Entry Point 1st Profit Target (10%) = 4.90$ 2nd Profit Target (15%) = 5.10$ Scenario 2 - Avoid Correction (Black Lines) IOTA doesn't breaks...
Chart speaks for itself. Feedback is always welcome and appreciated. Entry Point: 4.11$ 1st Profit Target: 4.53$ 2nd Profit Target: 4.73$ Stop-Loss: 3.70$ THIS IS JUST AN IDEA AND MY OPINION, NOT INVESTMENT ADVICE!