#PracticalExercise #RealWork Always write down your entry price ,first time entry price in any diary or notepad, cause you can be confused by reduce position size and showed ROI more negative ,why? do you know even? actually it's counting from your reduced position size , imagine you openeda trade with 20 dollar position size, when u went negative ,the Roi will show more nevegetive than actually it should seems ,it's because your position size is also reducing , so it's actually calculating the Roi from reduced position ,not actual 20 usdt.Thats make many confused cause very few know.
So for better investor or swing trader ,it's better if write the first entry price in a separate place , so when next time u will Dca will be always based on your Written first entry price ,Cause without writing it ,the entry price will be adjusted in second entry and if u need to do third time DCA ,u will do more quicker than the actual value bacause u will be shown more negative ROI than reality and will be attacked by fomo and give money faster than it should and eventually loose some money or profit when it will be balanced.
normally i write my entry price , and in my perfect percentage minus price from the first entry price I do DCA, and really it kept me in immense discipline ✅💎📌