How to Exit from Locking Transaction

Often some traders are trapped in positions that are against the direction or trend of the current price movement so that the positions they have opened suffer losses. When caught in a loss, some traders choose to let it go or cut the loss or lock the position. The choices made are of course based on strategy or comfort or the level of risk that can be tolerated by each trader.

There are some traders who choose to lock or often also called position hedging, they actually experience a dilemma when they want to open the lock. Many fear that their equity or balance will be depleted when unlocking. Many are also afraid to miss the price in opening the lock and try to predict (looking for predictions) where the price is the most extreme.

If a trader has experienced a locking that is big enough, like it or not, the trader has to deal with it. One way to open a locking is to treat the locking like opening a new position. Traders do not need to care about where the trader's locking position is. Traders don't need to figure out where the price will get stuck and reverse. Traders do not need to wait for the price to be below or above the locking position. The thing that traders need to find out is where is the direction or trend of the current price movement.

Same as opening a new position. The thing that traders know is where the current price trend or direction. For example, a trader knows from technical or fundamental analysis that the price trend for the next 4 hours is upwards. Traders will of course open new buy positions (open buy) and wait for new profits. Traders will liquidate (close) positions by selling (close buy) and vice versa if the price trend is downwards.

Watch the video below for full details!


More info : 

Free material soft copy contact 081 258 066 174 wa/call 

Private info / paid premium class (guided forever until consistent profit and independent). 

Whatsapp/call 081 233 593 672 Or direct access to our web www.wijayatrading.com


Comments

Post a Comment

Popular posts from this blog

Tingkatan Seorang Trader

Image
Sebelum menjadi trader sukses, perlu dipahami bahwa ada berbagai macam tingkatan trader forex yang harus dilalui. Tingkatan-tingkatan tersebut biasanya dibedakan dari beberapa kriteria. Jika dilihat dari pengalaman, pengetahuan, cara berfikir, dan sikap mentalnya, seorang trader dapat dikategorikan dalam 5 tingkatan. Trader Pemula Seorang trader pemula pada umumnya masih merasa asing terhadap pasar forex. Trading forex dianggap sesuatu yang baru dan mungkin agak unik atau mengasyikkan. Mereka cenderung ingin mengetahui segala hal yang berhubungan dengan trading dan pasar forex dengan cepat dan instan. Baik analisa fundamental maupun analisa teknikal dipelajarinya dengan cepat. Trader pemula selalu mencari dan mempelajari cara-cara yang gampang, sederhana, dan segera dapat digunakan untuk trading. Pada umumnya, mereka mengharap profit besar dari trading forex. Trader Profesional Dari sebutan "profesional" yang disandangnya, memang profesi utama trader di tingkatan ini adalah t
Read more

SNR, BEST TRADE STRATEGY!

Image
SNR (Support and Resistance) is fairly popular in the world of forex trading. This is one of the most frequently used techniques in technical analysis. Without it, traders will experience difficulties and even lose in carrying out trading activities. The support point is the point which is believed to be the lowest point of an asset in a certain period. While the resistance point is the point that is believed to be the highest point of an asset in a certain period. In simple terms, support and resistance are likened to the two most discussed attributes in analysis where support is a level that has the potential to withstand price declines. Meanwhile, resistance is a level area that has the potential to hold back price increases. These levels are used to determine whether the price will continue or reverse. Basically, SNR aims to find out the right area when taking a buy or sell position and determine the target price movement. The support area is generally an area used as a reference f
Read more