Hello.
The balance feature to keep the trade open or “position top-up” on ‘IQ option’ platform,
Does this feature exist on other trading platforms ??! or is it only on the ‘IQ option’ platform ??!
Thanks.
No one responded? If you found out, please let me know. This is a really useful option if you know what you are doing and I assume you do. Having this option allows me to play with the stocks that go under and I setup my account in a way I know It can withstand a significant drop in my entire portfolio.
Maybe there was so little interest because this seems like adding to a losing position and letting it run…
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-35% in your total portfolio seems excessive to me. I keep hearing 2% per trade.
I can’t imagine dropping 35% of my account on one single trade. No matter how confident I am.
No, I take that back. I would need to have serious economic signals that make the desired result a certainty.
I understand but my trrading plan is grately different from other people. My account is setup in a way that I can withstand a drop of -35% of my entire account and still be able to recover. I invest long term (Hold positions for at least a year) but I use a high multiplier (Leverage) and I always have balance (money that’s not invested) to be able to hold drops. I’m usually red in the first 2 months but after that, money flows in a ridiculous way. Por example, If apple grows 79% in a year, my position grows x10 times that amount (790%).
I know it sound a bit complicated but I spent almost a year developing my system and I have not lost money. This only works with stocks because the stocks always recovers and I only like to go long and long term. If you do this expecting results in 2 months, it might not work. Right now I’m at -46% (Negative) and I’m holding 13 different stocks.
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@morelale I want to trade more positions like that, but my lot sizes are quite small.
Risking 2% of a small account will still only yield a small amount of money.
For example, if I put in $10 and in a year in turns into $60. That’s a great trade. However, it’s only $60; even if I profited 600%.
I could earn the same $60 on the H4 with a larger lot size.
More power to you if you can withstand a -35% drawdown on your entire account. You’ve got nerves of steel!
What’s the hurry? If you can make 600% a year, in 10 years’ time you’ll be rich enough to buy Belgium.
That’s why I’m doing it like that now. You can turn 1,000 dollars to 7,000 in a year and your account will be able to withstand a drop of around -35%. In order for 13 different companies to drop -35%, another virus needs to come up or a major correction needs to happen.
I know regular trading with a small amount wont lol
But let me show you the song of my people.
It took me a lot money and sleepless nights to develop my strategy but at the end, it’s working. Of course, this fluctuates like crazy but I always go long and wait 1 year before closing my positions. *wink