Seems it would make more sense to lock in profits in one direction first.
You need to verify all the assumptions of your trade.
This kind of dd only seems to benefit the invisible hand. Why not cut losses at specific levels and re-enter?
Trading in the Zone, Mark Douglas Beat the Dealer by A. Silvani If you're just starting out, expect to reread these books and others. Several...
Best move recently would be to short at 139.90 and also go long at 139.90. Geniusâ¦.
A good trader can take advantage of the spike (latency) and enter.
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