




A nice 1 to 4RR trade and how i manage my trade
sup everyone, Took this trade with a nice 1:4 RR. However halfway along the trade i decided to close my trade at a support area which i haven't marked on the chart but it's the first blue arrow where i close half of my position. And as expected price stalled there for a day, couldn't break the downtrend so it fell again to my final TP.
Closing half of my position and updating my SL to breakeven in the middle of the trades is such a blessing that allows me to be completely free from staring at the chart.
Does anyone else use this method to manage their trades? i like it very much