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View Full Version : Need help here!



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.

isox8519
12-07-2021 17:27, 05:27 PM
I would think about my system a bite of a fad system... but if your looking to make 40 to 300 pips or likely going to need to risk 40 to 80 pips... I understand that what I do Hmmn. . .My ceases are 20-25 pips around the GBP/USD. Im looking to ride a position about 70-100 pips (~1:3.5 risk reward). All this time I have been thinking that 30 pips quits are excessively big. Thats what I need to learn.

oxochyki
12-07-2021 18:47, 06:47 PM
I would consider my system a bite of a trend system... but if your looking to make 40 to 300 pips or probably going to have to risk 40 to 80 pips... I know what I do