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Should new members initiate a trade in an EXISTING position?

April 26, 2017existing initiate members position Trade

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Should new members initiate a trade in an EXISTING position?

1 Answer

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10 Posted

From a risk management standpoint, you should not take a position in an existing trade, since conditions may have changed since the trade was first initiated. You must use the NEXT POSITION ENTRY ORDER to initiate new positions.