RE: Check out D-Tube and lets mark up some charts by quickfingersluc
Viewing a response to: @quickfingersluc/8c0lmef9
dtube·@solaimang·
0.000 HBDHi Luc, I've been thinking about your trading style and as I was getting impatient many times while practicing it because bases would just not break and I could only get in 1 or 2 trades a week or so after putting in so many hours and then I came up with **a trading idea**. What if **every time there's a solid base (support level), I buy and if** the **price goes up** I set a certain profit margin, I don't get to greedy (5-10%), to **guarantee a profit**. If the **base gets broken** I use your trading style like you thought us and **start buying in the safe zone**. Once the price goes back to it's normal level I can **break even** on the amount I bought at the base (support level) **and I can still profit** on the money I bought in the safe zone the same way I would using only your style. But this way I don't have to miss out on low risk trades since I can most likely break-even and I don't have to wait so long for trades to happen. The downside I see of this of course is if the base breaks but there's only a mild drop into a downtrend and the price doesn't bounce back. However, the chances of a solid support level being broken and it not being a panic seems very small to me. **Thoughts?**