If you don’t believe in a trend, you won’t make any profit.

If you’re going to do discretionary trading with manual trading

you can’t pursue profit unless you believe in a one-way direction

First, “doing discretionary trading = achieving results that cannot be covered by automated trading” sums it up

So at this time, it means you should stop trades that would cause funds to be lost

In other words, the stop loss should be set to a minimum

Considering that, in the end you have to averaging down

However, by combining trend-following and counter-trend strategies here,

a complete combination of profits and losses can be formed

Therefore, you take averaging down in one direction of the market

However, even averaging down will tilt toward losses, so you need strong mental fortitude to manage it

If it’s not averaging down

at a glance, you won’t see profits

That’s because you “don’t wait for time”

If you don’t wait for time, you must use averaging down to increase the position

Because you don’t know what the results will be until they appear

“Results are made by time,” right?

Then you can only form them through averaging down

In other words, the correct approach is to “enter with a single hit after waiting for time”

Waiting for time plus a reserved entry

If there’s any similarity to poker,

it’s about that discretionary trader’s averaging-down trades

If you’re going to wait for time, then use a reserved entry or market order trading

Decide based on the market conditions

Market orders plus two entries are fine, too

If you look at a market that is being formed by waiting for time, you’ll see

Generally, the market is formed to a certain extent in about 12 hours

This is the “average time for market formation”

If it’s faster, it may finish in about 3 hours

Or it may jump ahead within an hour

But if you consider the midpoint between fast and slow,

It generally settles around a 12-hour wait

Therefore, this

waiting for time plus entering is the orthodox path

and it also leads to capital-raising techniques

Waiting for time plus entering

or

averaging-down discretionary trading

which one to choose

I personally think waiting for time plus entering is best

to aim for low risk and high return

※If you want to keep making money with FX, click here ↓