took 11.4 pips covered half and moved SL to BE...in my view this can go to 0980 or back to 1050
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itspossible
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Yes and you will be shot at dawn for not believing F claims
😉
I am not worried about that, you cannot never live fully if you never die.:smart:
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Stopped @ BE second half, well I did try.
was not able to get into the nice swings today but made 5 scalps, 4 win and one loss, strangely my first trade of the day is always a loss ( I think the impulse is getting the better).....the good thing is that starting with a loss does not effect my performance in the following trades anymore......anyway made 14 pips which is the norm for me.....does not seem much but consider the fact that normally for a 5 pips risk I risk from 0.5 to 1% of my account.
4th trade +31, all the previous one were losses, I am in the black...🙂 it shows we do not need to know what will happen next to make money but mind and money M is the key......of course my previous 3 trades were run by impulse more than anything else...but that is another story..😕
EU 5m
EU 5m
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the idea is to risk little, lets say between 5 to 10 pips, but it is not wise to have a standard risk in pips (5 or more pips), because it has to be technical risk based on PA, having a 5 pips stop loss in a very volatile environment does not make sense either, in that case if a 10 pips stop loss is required as to a normal 5 pips, one has to reduce the volume by half, the possibility to reach your target of multiple risk remains the same.
