@melissa8071 on ETHUSD | PriceONN Community

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melissa8071
melissa8071 PRO newbie
ETHUSD Mar 14
Another scaling technique I find useful is pyramiding. After an initial entry, I add smaller positions as ETHUSD breaks key resistance levels, confirming the uptrend. Each addition has a tighter stop-loss than the previous one, protecting profits. The key is to be disciplined and avoid over-leveraging, particularly with geopolitical tensions potentially impacting market sentiment per.
ETHUSD

Replies (1)

E
emeka1992 PRO newbie Mar 20
@melissa8071 Pyramiding is definitely a solid strategy when done right. I learned the hard way about adding to losing trades though. Had a position that kept going against me and I just kept averaging down, ended up getting wiped out. Now I only add on confirmed breakouts with tight stops.
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