7 pips. I like the swing h/l, this is what was missing from the rainbow (imho).
Wednesday, May 7, 2008
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"When i trade at home, I often watch the sparrows in my garden. When I feed them bread, they take just a little piece at a time and fly away.They keep on flying back and forth, taking small bits of bread. You will never be able to shoot a sparrow, it is just too fast. That is the way I day trade". M. Weinstein.
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1 comment:
I also love to do scalping, I usually target 5 pips per trade, I am using enormous lot size, so that generally makes me feel satisfied anywhere near 4-5 pips, it is equally risky if things go wrong, so that’s why one should be very careful with low target pips. I am using OctaFX broker, so with their smooth trading platform where all my trades opened instantly, I am always able to perform at my best which gives perfect results.
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