4,5 pips in 36 sec. 2 more minutes and loss would take the place of win. I learn to exit quickly.
Thursday, April 17, 2008
Take the pips and run
4,5 pips in 36 sec. 2 more minutes and loss would take the place of win. I learn to exit quickly.
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It is definitely sensible to do that because profits can turn into losses in blink of an eye, so if we are not careful with things then we could end up with serious losses. I am lucky to be working with OctaFX broker where I get big advantage especially with their low spread of 0.2 pips, so this allows me to exit trade quicker and whatever profits I make can be withdrawn instantly, so that’s why I really love and enjoy working with them.
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