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First to claim 🙏🏽🙏🏽🙏🏽😎😎🙏🏽🙏🏽
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Hope it explains the strategy :)
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• Long Side Pyramiding: Adding to a long (buy) position as the price increases. Short Side Pyramiding: Adding to a short (sell) position as the price decreases.
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Pyramid trading (or pyramiding) is a strategy where a trader adds to an existing profitable position as the asset’s price continues to move in their favor.
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