The Strategy
Obviously we are not going to unveil the ins and outs of our unique trading strategy. Still, for transparency reasons we want to explain a few key concepts in order for you to be able to decide if HalcyonFX is the right choice for you.
This does of course not represent the entirety of HalcyonFX’s strategy but should at least give you a general idea about the nature of trades HalcyonFX takes, so you can assess whether the strategy aligns with your personal risk tolerance.
Following the Trend
Trading against the trend is rarely advisable which is why HalcyonFX constantly analyzes the current trend direction and strength. HalcyonFX finds smart entries based on temporary setbacks within ongoing trends in order to maximize profits and minimize the risk of hitting a dead end. In case of a trend reversal, HalcyonFX can quickly adapt and has numerous other techniques in its arsenal to deal with changing conditions.
Making the right choices at the right times is not easy. HalcyonFX reads the market through an objective lens and sees things none of us would have ever noticed. Never worry about missing a trade again, let HalcyonFX’s intelligent entry detection engine find and execute opportune trades for you - even when you sleep.
Additionally, if you like to take matters into your own hands you can always open new positions yourself or through other trading bots and have HalcyonFX mange them using its unique trade management system.
Securing Profits
Nothing hurts more than seeing nice green numbers on your open trades only for them to turn red a day later. That is why HalcyonFX secures its profitable trades with a trailing stoploss making sure those beautiful gains do not slip through your fingers due to sudden market reversals. HalcyonFX always stays vigilant in order to catch your profits before they fall back down again.
But sometimes losing small is just as important as winning big, even if it does not feel equally rewarding. Still, in trading you cannot always make the correct predictions so even more importance falls on the way you handle being incorrect. HalcyonFX constantly evaluates the market and swiftly adjusts takeprofit and stoploss levels based on how the price develops so you can relax and focus your mind on more important things.
Alternatively, in case you have very specific expectations regarding closing levels, you can easily define fixed takeprofit and stoploss levels yourself so that HalcyonFX always trades with exactly as much risk as you are comfortable with.
Recovering Losses
Financial markets do not always behave as anticipated and so what once looked like a promising trade can suddenly turn into a lone castaway. Sometimes your best option in such cases is to simply take the hit and try again. However, patience and smart trading usually pay off much more. HalcyonFX sends aid to your losing trades and supports them with more favorable ones in order to counterbalance their weight.
HalcyonFX constantly looks for pullback opportunities and utilizes winning trades in order to reduce the volume of losing trades and thus recover unfavorable entries. Unlike traditional averaging strategies that blindly double-down on their failed entries until they run out of equity, HalcyonFX smartly detects pullbacks across all assets and consistently chips away at losing positions until they are equalized. Never fall victim to irrational decisions based on fear or hope again, let HalcyonFX manage and recover your trades for you.
Nevertheless, should you like to take action yourself, you always have to option to open and close trades as you like.