I used discretionary and systematic methods to get into this winning trade. I noticed there was a strong divergence in the RSI, price kept going up however the RSI was making lower highs. I decided to risk 4% of my capital, i will get out of my trade if i lose 2%. Price went on to break the lower donchian channel. My system tells me i should add more, i again risked another 4% of capital. I will begin to reduce my position when i notice a big divergence or when price breaks the upper donchian channels. Keep it simple!
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