I am a trader that would like to execute the following strategy:
1. Have a trade executed with a stop loss and take profit.
2. If the trade is executed and the market continues going in the same direction by a certain number of points, reenter the market with a new trade.
3. If the trade is executed and the market moves against me, and in the opposite direction, enter a trade in reverse.
4. If a trade is taken at a loss, and the market returns to the original starting point, reenter a the same trade.
I would appreciate any thoughts.
Thanks
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