2-Try Rule
Guideline Or Rule, Your Trading Is Up To You
Last updated
Guideline Or Rule, Your Trading Is Up To You
Last updated
The 2-Try Rule is a name for an optional concept that states that you may potentially re-enter a trade that has triggered your stop loss. You may consider a +1 contract increase in position size of the first attempt.
The second try trade does not count as an additional trade on the .
Ideally, there would be more factors of confluence on the second try, such as FlowMaster™ AudioBox, Delta Flush or a Cluster Reversal etc.
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