shadowninja
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hmm...difficult one that, I've been 50 pips+ up twice in my current eur long taken yesterday, yet because my plan is to hunt for bigger pips, and according to my rules I've no reason to exit, I'm still in. Moved stop from 65 pips to 30 pip is the only management and adjusted take profit order to the 14400 line (approx 150 pip profit). If I start getting excited about 50 pips my plan falls apart, but I'm sure many on 'ere would have me sectioned for the times I let 50 pips slip through my fingers, but I have no alternative if sticking to my plan..which works ..for me.
Well this is it. If a beginner traded your system, when you're thinking "I'll exit now for 150 pips profit", the noob might think "This is worth 300, I'm sure" before seeing his formerly profitable trade now reading -100.
It's about knowing for any particular style of trading when to be in and when to be out.