In fo cashback forexex trad forexdiscountbrokersg, the forexrebatesbrokers plus method can also be described as a gradual increase in pos forexbonusrebateions, described as a way for a trader to add to an ex forex discount brokersting profitable trade guided by a trend Therefore, it is the opposite of lowering the average price of a holding, which occurs when a trader increases a position to lower the average price of his or her holding when the price of an asset falls If done correctly, it is possible to If done correctly, it is possible to establish more profitable positions without taking too much risk Trend following techniques The success of the Pyramid Plus method relies on a fundamental trend in the foreign exchange market, which is a trend that can last for a longer period of time Due to the existence of these long-term trends, it is then possible to increase positions as the trend develops, expanding the size of the position and profits For these reasons, the The most successful way to implement pyramid trading is to start your first trade with an appropriately sized position The idea is to lay a solid foundation and then add to it in small increments as profits increase If you are only trading 1 lot, it is not possible to implement pyramid trading Trading in this way (expanding your position with small increments) ensures that the average trade level converges with your initial trade, which By following the trend to the upside, you end up with a position that has a very low average price, which works in your favor when the market happens to fall sharply The difficulty of pyramid trading Although gradually adding positions may be a profitable technique for a trend-following strategy it is also difficult to do right On the one hand, there are very few trends for which pyramid trading is available In fact, the strongest trends that are most favorable for pyramid trading are usually only the ones that are most favorable for pyramid trading There is also evidence that pyramiding works better over longer periods of time than in the short term  moreover, if pyramiding is not done properly, it can lead to overweight positions and increased risk. In other words, you should not enter and increase your position just because the price of the exchange rate has climbed X points When you want to implement a pyramid trade, it is best to increase your position using the same trading logic you used to open the position in the first place Also, if you enter because of a 5-week breakout in the market, you should add to your position after another 5-week breakout Finally, the only way to really benefit from the pyramid method is to do it first before you commit to it By testing this, you can find out when the best time to add is and how many times you should add before you stop, and how fast you should expand your position when the market starts to shift