The short, medium or long term trend must be in the direction of your trade
There must be clear support for your trade direction
A Higher high or higher low must signal a long
A Lower high or lower low must signal a short
- 50 and 200MA should be pointed in the direction of trade
- 50 > 200 MA for long, 50MA < 200MA for ahort
Never stake more than 1% of you initial capital - no trades are special that they require more or less.
ie. A position that is already negative should never be added to.