Entering the launch wave period; lately there hasn’t been any pending order trading. Because I only want to go long, often good entry levels don’t necessarily come.
So now, when I place a trade, I use a higher timeframe position to set the take-profit point, and I use a smaller timeframe to find the stop-loss point. When the risk-reward ratio reaches 2:1, I enter. That’s why there are often temporary losses floating, but everyone can rest assured—the stop-loss orders are already placed, and I won’t hold through and get liquidated.
So now, when I place a trade, I use a higher timeframe position to set the take-profit point, and I use a smaller timeframe to find the stop-loss point. When the risk-reward ratio reaches 2:1, I enter. That’s why there are often temporary losses floating, but everyone can rest assured—the stop-loss orders are already placed, and I won’t hold through and get liquidated.
