Dislikeddo not go for the 100 pip moves .. sure they are great
instead go for moves of 30 - 50 pips .. some days like today i have done a few trades , most of them being profitable , and i have racked up a nice sum in the account.
but even if I only get one 30 pip trade a day , by risking 3% of my account (50 pips stop) I can grow 10 k into 1 million in 2 years by compounding
last move down my short entry 190.10 , closed for 50 pips ,shortly after ( another 10 pips) it reversed.
this move up (i did not take it) 189.80 entry ... would have just closed for 50 pips
trade a strategy ... stick to it .. and do not be greedy ... 4 trades of 30 - 50 pips is better than trying to hit one trade for 200 out of the park. The 30 - 50 pip trades come along all the time. The 200 pips trades are a lot more scarce. This market is not typical.
develop a habit and stick to it ... do not be greedyIgnored
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