Wednesday, September 15, 2010

Quiet morning

A few pips here and there, on a quiet and easy morning. Perfection for me is just that,  to have only three trades, three little winners for the entire day,and enjoy the rest of my time. No need to trade again in the afternoon.


Ingvar said...

Hello mate!
Do you place initial stop-loss for your trades? Is it fixed ?
And do you pay attention to risk/reward in every trade, or you simply have a bankroll as in poker (for example max. loss for the day 10 pips).
I wait for your reply, friend

The forexbird said...

i have a stop at -3 to -5 on EU and i move this to follow price, once in positive.

Payal said...

Sometimes quit morning can be great as far scalping is concern, but of course there should be a strong plan to work out things or it can be very risky. I don’t have to worry about too much because with help of OctaFX broker, I find everything in control with their epic Rebate program that helps me earn 15 dollars profits per lot size trade and this is even with the losing trades too, so that’s why it’s so special and easy.