Zeag’s Portal

One of my  methods of locking in my profits is to average up. Whenever a trade is going in my favour and I m confident of the trade to go further, I will buy in more and average up my position.

This way, I increase my potential of getting more profits from the same trade. The money that I put in during the average up is also insured by the existing profits in the trade.

This way, I reduce the risk of my 2nd influx of capital while increasing my potential of higher profits. I deployed this example on almost all of my winning trade to milk out as much profits as I can from the trade. Should the trade turns against my favour, quickly cash out before the profit runs dry to prevent a capital loss.

ALWAYS preserve your capital.