4. STAIR STEPPING STOP PROTECTION(SSSP)
Since launching the Premium Service with three
types of trades (FLASH, RADAR and
FUNDAMENTAL), I have often been asked “What
was my original position size and where did I
consider it a good place to add to the original trade
as it took traction”?
This has been particularly relevant to
FUNDAMENTAL TRADES.
5. On a trade-by-trade basis I have spoken with several
subscribers regarding where I am looking to add so that
it is not a surprise when a tweet is sent.
I have done some analysis in the background on how to
make this information readily available every time I
suggest a FUNDAMENTAL TRADE and I feel I now
have something I can share with you.
(It may still require a little tweaking so bear with me, I
did promise some subscribers it would be ready by the
end of January)
6. FUNDAMENTAL TRADES
From today onwards all FUNDAMENTAL TRADES
suggested via THE PREMIUM SERVICE EMAIL
ALERTS.
It will contain a second page detailing the SSSP
and a few further details about the currency pair
such as its ATR.
7. The main focus however will be on the areas I am
thinking where it is good to add and when I think it
would be a good idea to protect profits by moving
stops.
By the way the SSSP is so called because if you
were to chart when you add and when you protect
your trade it looks like a staircase.
8. Using the SSSP will hopefully help with POSITION
SIZING as you can plot the total TRADE SIZE from
day one.
And if you want to add in more trades than me the
formulas will be there for you to adapt.