Since I am sometimes asked , what do i mean by trade around, then I will give an example.
On the chart of Sberbank at 30 min frame shown 2 downlink.
Suppose you entered the SHORT successfully at points 1 And 5.
Consider a favorable outcome in the first and second cases.
1. If you just went to the point 1 and closed at the point 4 , profit roughly 90-88.5 =1.5. In the case of the short restart at the point 1 close at point 2, switch to SHORT at the point 3 and closing short at point 4. We get (90-88.8) + (89.4-88.5)=2.1
2. From points 5 до точки 8 SHORT profit 90-88 =2, if with a restart then (90-88.8) + (89.4-88)= 2.6.
In addition to the advantage in profit, there is also an element of protecting your profit if 3 or 7 channel breakout occurs , in this case, the profit is fixed at points 2 or 6 will help offset a potential negative opening short scenario.
What is the indicator of closing at points 2, 4, 6,8 and restarts at points 3 And 7 I leave you for reflection. There are certainly those , кто знают, and they, who doesn't know, then reflection is useful.
You can trade around the whole position if there is no vision for the following days and there is uncertainty. And you can also partially trade around, leaving a certain part in the SHORT. For example, from 100% positions 50% leave and 50% trade around and so on depending on ……….