Compound interest plus warehouse, sweep loss and stop profit
Compound interest: introduced in the previous article
Increase position: continue to add additional purchases
Sweep loss: the set stop loss position
Take Profit: Set a stop profit in a certain way
Then compound interest + increase position + sweep loss + stop profit = my following content!
The first point is to have a scale in your heart!
Assuming a $1,000 account with a leverage of 1:400, see the picture:
This is the hourly chart of 2019.05.13, my preset entry position plus position, so
Take care of yourself and don't bb me! ! !
Ba zui gei wo bi shang! ! !
First of all, your trading method is suitable for increasing positions, and second, you must have a first order that you can hold. This set of compound interest plus position sweep loss and stop profit is currently applicable to my trading method. Although it has been improved and what you are talking about is also version 2.0, it is probably enough, and I don’t want you to use it mechanically. See if it fits first!
Each of us has a single net worth retracement, a loss line that we can bear!
I set the net value to retrace 2%, 2% of 1000 US dollars is 20 US dollars, if the first stop loss is 25 points. 20/(25*10)=0.08 lot, 0.08/0.01*3.1=24.8 margin
Here is an important point: the more advantageous your entry, the smaller the stop loss, the lower your cost, and the higher your profit
Second warehouse :
How to set the number of hands in the second warehouse, if we calculate by double. 0.08*80 points=$64 profit, 0.08*2=0.16/0.01*3.1=requires a deposit of $49.6.
After the second warehouse enters the market, the stop loss position of the first warehouse is pulled to the stop loss position of the second warehouse, and the profit can be saved together! If 64 is greater than 49.6, the condition for opening a position is satisfied. If the loss is swept away, you can earn 64 dollars - 0.16 hands * 20 points = 32 dollars.
Remember, don't take heavy positions, everything must be within the controllable range!This is the first article on compound interest and escalation. I have to prepare for a trip to other places on Saturday and these two days. Come back and write down the following ideas for you, the problems you will encounter in each warehouse, etc. I am mainly sharing the good trading methods that I have already used. People are alive. If I use this method now, I don’t need to deliberately calculate it, and practice makes perfect. So, looking at my calculations so accurately, I just want to bring this idea to bear. Everything is different. I know a guy who used his method and went all the way to the black. The first 5 warehouses were wiped out and the principal of the order without profit can be kept.
There is one more sentence I want to share: this is a game played by people, don’t let the game play you
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