Good IOTA setup!
מעודכן
Buy moments are when it breaks the little triangle.
Or at the green support line of the triangle.
Or at the green support line of the triangle.
עסקה סגורה: היעד הושג
Trade is active! Our limit order on the green support line is filled.A little lesson. It's all about moneymanagement guys! I never risk more than 3% of my whole stack. So before I trade I think what should be the stop-loss price.
My stop-loss is 0.68 dollar, so when I buy on the breakout line at 0.78 usd.
0,68/0,78-1= +-13% -> I only want to risk 3%. So the percentage of my stack I will use is just +-23% of my stack.
But I did buy 0,72 usd, so the risk is smaller because my stop-loss is still at 0,68 dollar. This time I could risk 54%!
What I did want to learn you guys is two things.
- Be patience, wait for the right moment to buy. It's better to buy at the support, when it's well devined, because it's less risky.
- Always use risk management so you don't come in unpleasent situations. 3% Risk is nothing to get emotional about.
עסקה פעילה
My bad trade is just opened en active not closed! :)הערה
We did broke out the resistance! Let's see how fast we reach first target :)עסקה סגורה: היעד הושג
כתב ויתור
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