Disliked{quote} What are the chances of a 300 pip move on eu In 1 day? The point of closing the position out at 7pm the 1) limits the loss 2) means you can trade the following day, if you leave the position on you can't take trades the following day as you are adding to your risk Does that make sense ? Anyway, I'll see how it goes, it's farfetched and fantasy but at the same time it doesn't seem too hard. If I get to a position of consistently doing 100 a day then I can withdraw it. It could help either discipline and management. It also helps with entries,...Ignored
I know you will hit -50 or -100 pip loss at your closing time. Then what..25 to 50x good trades just to b/e again.
Your equity will look something like this if you impose time limit. Seen this so many times with this system. You have to let your trades go in order to increase your chances
Working towards CME membership