Here is a brief summary of comments from comox. Brief because there was absolutely no need for many comments.
Look at a chart and work out why he is going for only "4 pips" on a 1 hour chart, note he has never referred to 5,6,7 pips only 1,2,3 & 4 pips. I freely admit I was slow off the mark, probably because I was looking for the "catch". There is no catch. Work out what your pain threshold is, if it is low, figure out how to minimize the loss and move on to the next trade give it a couple of weeks on demo and by then you should have fine tuned so that you are making regular profits
KISS. Lazy Trading method.
Look at a chart and work out why he is going for only "4 pips" on a 1 hour chart, note he has never referred to 5,6,7 pips only 1,2,3 & 4 pips. I freely admit I was slow off the mark, probably because I was looking for the "catch". There is no catch. Work out what your pain threshold is, if it is low, figure out how to minimize the loss and move on to the next trade give it a couple of weeks on demo and by then you should have fine tuned so that you are making regular profits
KISS. Lazy Trading method.
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