What is scaling and how use it? 🤷🏻‍♂️
⠀
Scaling basically means increasing or decreasing an open position while trading.
⠀
This helps to adjust overall risk, lock in profits, or maximize potential profits 🙌🏽
⠀
Of course, there are potential drawbacks to this method that you should be aware of.
⠀
🚨Scaling benefits
⠀
The biggest benefit is psychological.
⠀
Increasing and exiting a position eliminates the need to be absolutely perfect when entering or exiting.
⠀
No one can consistently predict price action or the exact turning point of the market. The best thing to do is to identify the “area” of potential support / resistance, reversal, change in momentum, breakout, etc.
⠀
You can enter your position in parts around these areas and/or make trades at different levels to lock in profits.
⠀
Done correctly with a trailing stop, scaling winning positions will help protect profits in case the price suddenly reverses.
⠀
If you add more to your open position and the market continues your way, a larger position size will increase the amount you will make for each pip.
⠀
🚨 Disadvantages of scaling
⠀
The main disadvantage of scaling is when you increase your position. Can you guess what this flaw is?
⠀
THIS INCREASES THE TOTAL RISK ✋
⠀
Traders are primarily "risk managers" and if not done correctly, "scaling" can destroy the account
⠀
The second disadvantage: when you take away part of your open position, you reduce the maximum potential profit.
⠀
Well, in fast and dynamic markets like the forex, it can be beneficial to reduce risk and take some off the table.
⠀

Free signal will be published soon from our VIP premium⚠️

AUDUSD

🥇 Forex Signals 🥇

📆 Signal Published ::::::: 24/2/2025

✅ Symbol ::::::: NZDUSD

📈BUY AREA ➡️ 0.5740

💠 Take Profit 1 : 0.5780
💠 Take Profit 2 : 0.5825
💠 Take Profit 3 : 0.5900
💠 Take Profit 3 : 0.5970

✖️Stop Loss ➡️ 0.5680 (60 PIPS)

🔔Use Risk Management
🏆Forex Signals 🏆

NZDUSD

❗️For any signal use maximum 2% from your account , market will never hurt you

✔️ DOWJ VIP Signal  Today Hit TP1💥💥🎯➕100 PIPS 💵🔥 😎😎                                                                                                                        close half order and move SL to break-even if u r conservative trader or u have small account 👌

✔️ NASDAQ VIP Signal  Today Hit TP1💥💥🎯➕100 PIPS 💵🔥 😎😎                                                                                                                        close half order and move SL to break-even if u r conservative trader or u have small account 👌

Today Economic Calendar GMT
Medium volatility expected on USD pairs

♦️Buy Limit – buy provided the future "ASK" price is equal to the pre-defined value. The current price level is higher than the value of the placed order. Orders of this type are usually placed in anticipation of that the security price, having fallen to a certain level, will increase;
♦️ Buy Stop – buy provided the future "ASK" price is equal to the pre-defined value. The current price level is lower than the value of the placed order. Orders of this type are usually placed in anticipation of that the security price, having reached a certain level, will keep on increasing;
♦️ Sell Limit – sell provided the future "BID" price is equal to the pre-defined value. The current price level is lower than the value of the placed order. Orders of this type are usually placed in anticipation of that the security price, having increased to a certain level, will fall;
♦️ Sell Stop – sell provided the future "BID" price is equal to the pre-defined value. The current price level is higher than the value of the placed order. Orders of this type are usually placed in anticipation of that the security price, having reached a certain level, will keep on falling.

✔️ EURUSD VIP Signal  Today Hit TP1💥💥🎯➕41 PIPS 💵🔥 😎😎                                                                                                                        close half order and move SL to break-even if u r conservative trader or u have small account 👌