$REZ ｜Breach of the 0.005 level
Before looking at position sizing, first understand the key price levels.
Previous highs and lows are common key levels: the fact that price was previously rejected or supported there can affect buying and selling when it reaches those levels again.
Many people use these levels as anchors for managing positions: which side of a level to hold a position on and where to set a stop-loss are more practical considerations than guessing the direction.
Don’t change your plan based on a single number, and don’t use borrowed money to test a hunch.
#REZ
Before looking at position sizing, first understand the key price levels.
Previous highs and lows are common key levels: the fact that price was previously rejected or supported there can affect buying and selling when it reaches those levels again.
Many people use these levels as anchors for managing positions: which side of a level to hold a position on and where to set a stop-loss are more practical considerations than guessing the direction.
Don’t change your plan based on a single number, and don’t use borrowed money to test a hunch.
#REZ
