Quote:
Originally Posted by gasanvill
I mean, both are good strategies but how do we know when to use A and when to use B?
Thanks!
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It is entirely your choice - depending on which you like best!!
If you think that there is going to be very little price action in your favour, with most of it retracing, then you would be better off with strategy A because it gives you opportunity to grab 10 pips before the price action backfires on you.
But if the trade shows good prospects, then strategy B is far better because it will give you a 2 amount profit as compared with only 1 amount + 10 pips for strategy A.
Hope this helps.