Thursday, June 9, 2011

Price following

A few moments later, it was easier to follow the price and make some gains, keeping always a tight stop.

2 comments:

Goli said...

We should definitely try to follow the trend as that is risk free way of working but at the same time as you mention using Stop Loss or Take Profits is necessary or else the good chance or trade is going to be wasted. Some people fear using SL since many scam brokers use it as a trick to manipulate and get it hit but since I am trading with honest company OctaFX, I keep SL on as they are a true ECN broker.

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