The idea is to strategically add to a position as
it begins moving in your favor.
Not exact matches
Once the trade
begins to
move in your
favor you should look to trail your stop loss to lock
in profit or
move to break even depending on the price action situation.
The next step before attempting to establish a low - risk buy entry
in a stock that is basing out is to ensure the price action has
begun to show signs that bullish momentum has
moved back
in our
favor.
At the
beginning of the year we prided ourselves as a school that was
moving away from traditional textbooks
in favor of teacher - created, digital alternatives.
From the looks of things, it seems that Mitsubishi is
moving away from selling cars and sedans
in the US
in favor of a new line of crossovers and SUVs,
beginning with the 2016 Outlander.
You would want to
begin the trailing process by
moving your stop to breakeven once the market clearly shows you that the trend is taking off
in your
favor.
• Once you learn to spot simple high - probability price action setups, you can
begin putting the odds
in your
favor to catch powerful
moves like this one
in silver.
Nothing says I can't scale into the position once the market
begins to
move in my
favor.
During the years 1920 - 1940, landscape painter John Folinsbee
began to
move away from Impressionism
in favor of a style more firmly grounded
in structure and a greater expression of mood.