Firstly, i think you are brilliant, and i am learning your ways thoroughly and in silence, as everything is there in your thread.......But here i am now, and i was wondering when the price 'retraces first' as in your diagram and then it hits the 'peak', and so then, as you describe, we place another amount 'C'. At this point i would be extremely nervous that the price would continue up and i would be just doubling up my loss.. as i have done before in demo....mmm and live too, thinking it would return to going down. Though i understand that thinking it will go down is different to having the strategy to back you up to telling you it will go down..So....
Where would the stop loss be placed for amount 'C'?
At the same stop/loss as A or further back up......
thank you
travis
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