I survive on monthly trading | Episode 9: How to lower the average purchase price [Relaxed Forex]

The method introduced in the previous issue for taking long positions in long-term trading is a highly effective tactic, but it has the drawback that the average purchase price of the position tends to be somewhat high. So this time, we will teach two methods to lower the average purchase price to resolve that issue.

Yuttari Kawase Profile

Yuttari Forex. Individual investor. A “slow and steady trading” style with very few trading occurrences. Studying every day aiming to achieve great success in FX. Holds accounts with various FX companies and is familiar with a variety of services within the industry.

Official blog:FX Slow-and-Steady Trades
Official blog:FX Real Trade Dojo

What if the yen strengthens drastically?

In the previous issue (Issue 8), we guided you on how to take long positions in long-term trading. It would be best to buy all at the lowest price, but that is very difficult. So, we accumulate purchases a little at a time whenever the yen strengthens. By doing this, you can buy more as the yen strengthens, and even if the yen were to become significantly weaker before the strengthening occurs, the positions bought up to that point will be in profit. If you proceed with purchases while being mindful of leverage, it’s a very good method. However, there is a drawback: the average purchase price of the positions tends to be somewhat high.