forextrading wrote:MightyOne, are you playing extreme in the direction of the main trend or playing in both directions?
I am trading the large chart.
Short term I might reverse with min. size.
Long term I might reverse with max. size.
Large charts, large size.
Small charts, small size.
The more lots you accumulate the easier your decisions will be.
Q: I started with 2 units & now have 16, what is the cost (risk) to reverse with 2 units and 25 space?
A: (2/16) * 25 or 3.2 pips.
I hope that answers your question