Monday, May 9, 2011
Splitting, again
Unnecessary fragmentation of a move into several trades, due to the tight stops, moved to breakeven once in profit.
Labels:
forex,
trade analysis
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A blog about scalping, or sparrow's daily bread
1 comment:
Tight stop loss is definitely a key if we want to make consistent profits because cutting out on losses and making it big with right trades is the way to go if we are to be successful. I am very happy with using stop loss since I trade with worldwide recognized company OctaFX, it is a true ECN company with even winning award for that reason and that’s why I feel highly comfortable and there is no manipulation or desk dealing that happens with them.
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