Risk is ever present. You can't possibly know for certain that a future target price will occur before a large drawdown, and possibly unsustainable too unless you have deep pockets. Even if price does come back, riding out a large draw down has an opportunity cost.
Why Is The Obvious Not So Obvious?
- Thread starter nysestocks
- Start date
Risk is ever present. You can't possibly know for certain that a future target price will occur before a large drawdown, and possibly unsustainable too unless you have deep pockets. Even if price does come back, riding out a large draw down has an opportunity cost.
I believe you can enjoy watching AUDJPY from today.
Just divide the account 10x, and entry is 1x.
Then we can continue.
As a test you can have one entry like above: that's already 10% profit to the account
Even more than 10%
I am not following you here. You started positioning short from 99.87? correct?
You are breaking the short into 10 trades....adding at intervals from 99.87 up (I don't know where as I don't know your upper limit for the trade).
You say we could have banked 10% profit shorting an asset which has gone up to 100.50?
Tell us more
No, just one entry at 99.87
Ok...you show me how you make 10% shorting 99.87 at that point in time when you first mentioned it
