dragon33 wrote:lukx wrote:Dragon . do you trade all the time or you have some rules like you only trade London open or NY open etc, etc, or it doesn't matter to you?
I just trade when i have time. Yes i trade all day long untill price starts slowing down.
When i am working i try to reach 30 pips/day
When i am home trading all day my target is 100/day
But when price moves fast and give me more then i stay on and take some trading day off. I have to spend my money
its hard earned even tho easy-if you catch my drift.....dragon33 on days like today have you ever found that tight stops are hit more often coz of the volatility or is it a case of.......
if your trading in the right direction and your timing is good(through experience) then will be fine.
i had 2 small stopouts totalling -17 pips and on the 3rd attempt caught GU for +67
Would you say its all about managing the losses meaning keeping them small?Also what makes you hold on for more gains as oppose to cutting a winner short,apart from more financial muscle