Hello traders!
In today's trade we've decided to go Short on NASDAQ (better known as US100.cash for this broker) - the reason taking this position goes along with our successful trading strategy at MVP Trading Rom.
We've located a nice entry point just before the opening of NY markets (8am UTC -5 time zone) and just automated the trade with the awesome runwise FX tool (you may find it in MQL market for free for MT4 and MT5) - the trade is still open at the moment as you may see in the image, so I'll briefly explain the numbers.
- Position taken with a preset risk of 2:1
- We're risking a fixed 1% of the account.
- TP1 (at 2%) reached - 50% of the position closed.
- Position set to BE - so risk free.
- Aiming at a 3:1 risk level for a potential +2.5% net growth.
- +1% growth assured.
As you may see, we've had another successful trading day. Now that the rest of the position is assured, we can also rest and have a break from the graphs and let the market do what it wants.
That's all for today! I hope you like what you see, and if you want to get involved, don't hesitate to reach by. Peace.
For the best experience view this post on Liketu
