The Mechanics of trading
Posted: Sat Jan 02, 2016 7:48 pm
Today, while paper trading, learning lot sizing, and a myriad of other things, I came upon the EURUSD for 31 DEC.
It looks as though there are opportunities for 5 trades (3 long and 2 short). Total pips = 49. Is this over-trading, mental masturbation, or ?????. Would the spread have "eaten my lunch"? Is there any approximation for the spread on EURUSD?
I am using a rough approximation of TRO's Wick-zone system. It seems to work OK, but I am sure the real thing will be much
easier (and idiot-proof).
Thanx
It looks as though there are opportunities for 5 trades (3 long and 2 short). Total pips = 49. Is this over-trading, mental masturbation, or ?????. Would the spread have "eaten my lunch"? Is there any approximation for the spread on EURUSD?
I am using a rough approximation of TRO's Wick-zone system. It seems to work OK, but I am sure the real thing will be much
easier (and idiot-proof).
Thanx