trade management

[amirhg]

Hi
I want to implement this trade management system
Can anyone guide me?

[l'andorrà]

Not sure I fully understand it. Is this one single buy that is partially closed up to 3 times or they are 4 separated buys trades?

[amirhg]

This system is such that in the first trade, at the point of take profit, instead of closing the trade, we open a new trade; With the same volume as the first trade

[l'andorrà]

So the maximum we can get is 4 open buys at the same time?

[amirhg]

No, we buy wherever the price moves

[l'andorrà]

Does that mean that there can be infinite open trades in the same direction while the trend is not changed? If so are those distance always the same?

[amirhg]

Exactly, yes
This system is for the reason that in sharp movements due to opening a new position and moving the stop losses, in addition to trying to get the maximum profit, we will see an exponential growth of profit.

[Clarkedavid]

nice strategy

[l'andorrà]

Ok. So If I get it correctly all trades are supposed to open a trade with a 10 pips SL and a 25 pips trigger for the next trade. Then I don't get the 5 pips distance.