isox8519
01-17-2007 08:46, 08:46 AM
I personally hope I got your attention so here goes:
I am sure a lot of beginners have difficulty using this so any advice from those who are ready to lend guie is greatly appreciated:
See, I trade about 3-5 times a day. For about 6 weeks I have broken even.
The majority of my trades are small losses which begin with profits of 10-15 pips but wind up turning as losers. This really is a trend following system and basically those smaller trades are whipsaws. I go right ahead and take the loss rather than exit early to get a little profit. Isnt this the basic egy of a trend system? I wonder if I need to simply disregard this rule and take small profits earning my egy less of a trend following system.
I am sure a lot of beginners have difficulty using this so any advice from those who are ready to lend guie is greatly appreciated:
See, I trade about 3-5 times a day. For about 6 weeks I have broken even.
The majority of my trades are small losses which begin with profits of 10-15 pips but wind up turning as losers. This really is a trend following system and basically those smaller trades are whipsaws. I go right ahead and take the loss rather than exit early to get a little profit. Isnt this the basic egy of a trend system? I wonder if I need to simply disregard this rule and take small profits earning my egy less of a trend following system.