Hello,

The pyramid buying method is one of the more popular methods of building a position in the world. Both European and American investment masters and ordinary investors use the "pyramid" "Buy method operation. The characteristic of the pyramid buying method is to keep the average price of the purchased investment products at the second lowest price. The benefits and risks of the pyramid method go hand in hand. I personally have two understandings of the pyramid method.

First, when you are speculating in gold, you enter the market with a long order at a relatively low point (strong support), break through a weak resistance, then enter a long order, and then break through a resistance level. , then enter long orders, continue to break through, and continue to increase. You must protect the profits of this pyramid method of adding positions, and don't be too greedy and forget to leave the market in time. This type of adding positions will maximize the profits of your orders, and the risks will also increase step by step, so be cautious. The same is true for short order operations (and vice versa).

Second, when the order enters the market, the stop loss is uniformly $3. The 0.1 hand entered the market and was swept, and the 0.2 hand was traded. The 0.2 hand was swept and the 0.4 hand was entered. The trade was swept again and the 0.8 hand was traded. . . . As long as one order here makes a profit of 3 US dollars, all the previous losses will be recovered in one order, and the money purchased on the first order will be earned back. However, this method of adding positions requires a larger amount of funds to support it. (Not very recommended), the risk is too great. It is also an order-making strategy.

Thank you, I hope it helps.