Dear Traders
I am expert in this "chain reaction strategy" it is simple, effective and fun.
This is the scenario for this strategy...
You entered a trade and it just begins to move in the intended direction. Unfortunately the trend reverses and comes back to your entry point.
In such situation most traders wait until it hits stoploss. It means they have totally missed to see it as an opportunity.
Now instead of waiting for the price to hit stoploss immediately exit the position and enter for trend reversal. By doing so you are not only avoiding a conventional loss but also grabbing a new opportunity.
If the trend reversal is successful then you make a decent profit instead of loss. In some rare case instead of trend reversal it becomes sideways market. On such a market condition simply exit with minimal profit or atleast with zero loss.
All the best for chain of profits and bye bye to loss.
I am expert in this "chain reaction strategy" it is simple, effective and fun.
This is the scenario for this strategy...
You entered a trade and it just begins to move in the intended direction. Unfortunately the trend reverses and comes back to your entry point.
In such situation most traders wait until it hits stoploss. It means they have totally missed to see it as an opportunity.
Now instead of waiting for the price to hit stoploss immediately exit the position and enter for trend reversal. By doing so you are not only avoiding a conventional loss but also grabbing a new opportunity.
If the trend reversal is successful then you make a decent profit instead of loss. In some rare case instead of trend reversal it becomes sideways market. On such a market condition simply exit with minimal profit or atleast with zero loss.
All the best for chain of profits and bye bye to loss.