Advanced scaling in the markets
|Traders will often scale into a position as that trade goes into profit looking to optimise returns, however, most traders will shun away from entering into multiple positions as a trade moves against your initial position. In this coaching Jack will take you through the difference between the concept of Advanced Scaling and averaging (Where a trader merely adds to a losing position) and highlight the benefits of using this method for optimising entry. The coaching will also highlight the advantages of conservative and aggressive scaling and highlight some basic methods that you can use to introduce this tool into your own trading strategies.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.