Simple but important technique for trading
Topic: Simple but important technique for trading
1. Cut & Switch
Technics stop losses by liquidating (close) then losing positions
change this by opening new positions opposite the previous
to take advantage.
Technical stop loss while the position is still open and open a new position
as opposed to those losing positions.
3. Double Cover
Like the Cut & Switch Technique is a way to liquidate losing positions later
change it to a new position in the opposite two times more than the position
the losers. It is intended to take advantage and close losses