took 11.4 pips covered half and moved SL to BE...in my view this can go to 0980 or back to 1050
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itspossible
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Yes and you will be shot at dawn for not believing F claimsHi its possible, hry?
Did you work at the gestapo?
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Yes and you will be shot at dawn for not believing F claims
I am not worried about that, you cannot never live fully if you never die.:smart:
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Stopped @ BE second half, well I did try.
was not able to get into the nice swings today but made 5 scalps, 4 win and one loss, strangely my first trade of the day is always a loss ( I think the impulse is getting the better).....the good thing is that starting with a loss does not effect my performance in the following trades anymore......anyway made 14 pips which is the norm for me.....does not seem much but consider the fact that normally for a 5 pips risk I risk from 0.5 to 1% of my account.
4th trade +31, all the previous one were losses, I am in the black... it shows we do not need to know what will happen next to make money but mind and money M is the key......of course my previous 3 trades were run by impulse more than anything else...but that is another story..
EU 5m
it shows we do not need to know what will happen next to make money but mind and money M is the key......of course my previous 3 trades were run by impulse more than anything else...but that is another story..EU 5m
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the idea is to risk little, lets say between 5 to 10 pips, but it is not wise to have a standard risk in pips (5 or more pips), because it has to be technical risk based on PA, having a 5 pips stop loss in a very volatile environment does not make sense either, in that case if a 10 pips stop loss is required as to a normal 5 pips, one has to reduce the volume by half, the possibility to reach your target of multiple risk remains the same.
