MightyOne wrote:prochargedmopar wrote:MightyOne wrote:What is the difference between micro-pips and macro-pips? You can recover from losing macro-pips.
How difficult would it be to make 24 pips and cancel out this trade if it were a loss?
But how easy is it to cancel out a 192 pip loss?
EDIT: just in case you are confused, the difference between 192 pips and 24 Eights is the IMPACT to your account.
Now when people ask you why you do weird things you can give them an answer
So what your saying is the same thing rob booker is saying.
Use small lot size, each trade is a project.
Cant make any money that way.
At least my small lots have stayed small and so has my acct.
I only know the name Rob Booker, but based on what you are saying he sounds like a smart man
Everyone out of the pages of the Market Wizards to the fund managers to the guys selling expensive courses say the same thing but somehow you know something different; that's ok PRO, if you know different then do it different
Funny how those that arent profitable always know different