90 likes | 126 Views
Details of when and where to move stops on the existing positions within the overall trade called “The Stair Stepping Stop Protection' (SSSP).
E N D
Stair Stepping Stop Protection Reference: https://www.platinumtradingacademy.com/
Index • Stair Stepping Stop Protection(SSSP) • Fundamental Trades
Stair Stepping Stop Protection(SSSP) • Since launching the Premium Service with three types of trades (FLASH, RADAR and FUNDAMENTAL), I have often been asked “What was my original position size and where did I consider it a good place to add to the original trade as it took traction”? • This has been particularly relevant to FUNDAMENTALTRADES.
On a trade-by-trade basis I have spoken with several subscribers regarding where I am looking to add so that it is not a surprise when a tweet is sent. • I have done some analysis in the background on how to make this information readily available every time I suggest a FUNDAMENTAL TRADE and I feel I now have something I can share with you. • (It may still require a little tweaking so bear with me, I did promise some subscribers it would be ready by the end of January)
Fundamental Trades • From today onwards all FUNDAMENTAL TRADES suggested via THE PREMIUM SERVICE EMAIL ALERTS. • It will contain a second page detailing the SSSP and a few further details about the currency pair such as its ATR.
The main focus however will be on the areas I am thinking where it is good to add and when I think it would be a good idea to protect profits by moving stops. • By the way the SSSP is so called because if you were to chart when you add and when you protect your trade it looks like a staircase.
Using the SSSP will hopefully help with POSITION SIZING as you can plot the total TRADE SIZE from day one. • And if you want to add in more trades than me the formulas will be there for you to adapt.