hey spanish!! how you doing mate...
right im not criticising mate, you will do want you want to anyway. actually think you been pretty honest on here win and lose which is admirable.
just wandering about your stop losses, which you say are about 150-200 points, which is ok but just wandering about your profit targets!
if your profit target for day is £40 (and im assuming your trading £1 per point) then thats 40 pips right. what happens one day when your stop loss does get hit AND IT WILL MATE even though as you say it my be unlikely (not so sure about that tho)
so on day your stop loss gets hit and your say 200 points down now with your profit targets it would take you a whole week of reaching them everyday just to braek even!!!!
And what happens if stop loss hit twice in week (entirley possiable mate)
so like i say im not criticising mate but thought you may want to think about that (or maybe you wont lol)
think its call risk/reward ratio
cheers mike
ps im not a miilionaire trader with apartments over europe! (not yet anyway )
but am doing ok
😆
Thanks mate but i dount that, cos the news was over exagerrated again, cos i sold down heavily just before the CPI data was released, it did even come out negative, but instead of crashing with the bad news the ftse rocketed 90points!!!
😈😈😈
erhem!... as i was saying...