Today Yes, no sale because loss target not met. But 2nd buy +5% was met and closed at $1.05. The 3rd entry figures are +/-10% from the 2nd buy. (+10% of $1.05, is $1.16) and a buy order is placed.
Look at original post; 1st buy $1.00: profit sell $1.25 / loss sell $.88 2nd buy +5% from 1st at $1.05: profit sell $1.31 / loss sell $.92
Now the 3rd buy will take place +/- 10% from the 2nd at $1.05. So The entry point for the 3rd buy would be $1.16 or $.94.
When it hits $1.16 or $.94 I buy the 3rd entry.
If buy is at $1.16 profit sell would be +25% $1.49 Or sell loss -12.5% $1.01
If the 3rd buy is at $.94 profit sell would be +25% $1.17 Or sell loss -12.5% .83.
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