MightyOne wrote:I have never said that money could be added to your account without price moving; why people insist on pointing this out is beyond me.
If you want to make pips then trade in the direction of profit (simple, easy, done!).
I think that we might have a permanent edge if traders cannot grasp something as simple as position sizing and risk return ratios.
And this is exactly what I have not done on a consistent basis.
A loss of pipettes, pips, macro pips, and even a fair amount of "mega" pips here and there.
Acct. still @ 0 or slightly less than 7 yrs. ago.
Once I start trading in the direction of profit, Then I can become a fancy dancer with my position sizes.
Until then, it's all just a mute point to behold.