Thread: Positions lock
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Old 02-04-2009, 12:22 AM
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Quote:
Originally Posted by bisecom View Post
Hi all!

I would like to discuss in the thread a situation which could face traders who follow break out and trend systems (sell on bottom and buy on top of price action).
The situation in which you sell / buy a contract and price turned against you.
Of cause you can install SL and it will be executed but
You also can install opposite order with equal or the same lot size. In this case you lock order which goes against you and in the future you can unlock it with benefits to you.
If some body faced such situations, it will be very nice to get here their experience.

Regards,

Bisecom.
You can also get a condition in which it goes up and down and up and down several times! This condition can cost you dearly!

Dave
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