DislikedAs Al has repeatedly said, do not use recovery for making a profit. There is a reason for this.
Suppose the trader mentioned above has her position turn around and actually make a handsome profit, after she admitted that her entry was poor. If she profits, why learn to make better entries?
Eventually, this works against the trader, and can lead to sloppy entries.
Far better to use recovery to get back to break even and begin a new trade with strict adherence to the rules. That way the trader is learning the correct...Ignored
Best Regards