When one revenge trade works, it can make the next one feel justified 🤓
After a loss, the urge to get back into the market quickly can easily override the original plan.
Instead of chasing the loss, traders can define stop loss and take profit levels in advance, use price
📊 A breakout can look promising, but is the potential reward actually worth the risk? A well-planned trade is about more than getting the direction right.
📖 Get the complete London session trading guide: eu1.hubs.ly/H0z1FdP0
How much are you actually risking before you place a trade? 📊
Risk management is not just about adding a stop loss. Position size, stop loss distance and potential reward all work together, and changing one can affect the whole setup.
Want to go deeper? Explore the full risk
📊 Is the market ranging or gearing up for a bigger move?
Bollinger Bands on cTrader Mobile help you read price volatility, spot potential support and resistance levels and recognise periods of tightening price action that may precede a breakout.
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Indicator: Anchored Moving Average
Anchored Moving Average lets you start the moving average calculation from a specific market moment, using either a manual date and time or a configurable lookback period. From that anchor, the indicator extends the average forward and adds