Dislikeddepends how well you hone your entry. I am intersted in how you manage your risk Kumo?? I read one of your posts which spoke about how you amss 1000 pips and move up a level in regards to your trading lots but I dont remember anything about your trade management....how do you deal with SL and TP??Ignored
I have stock SL of 100 pips, with risk of 3%. My 100 pip SL is not just to ensure I only ever lose 3% on any trade. Its so I decide when it's good to get out, not a rediculously small SL which will be hunted and hit by normal market cycles.
I rarely if every hold to -100 pips (hard stop). I get out when the tdi says and it looks to me according to s&r and round numbers that the trade isn't coming back anytime soon and is more likely to go to -100 then into profit.
I lock in profit as it moves past round number then retrace under them. (watch for the stop kunts!) Or just lock it in when it feels right.
P.S. Even great good entries are going to get stopped out on a 20 pip stop loss. You would have to be godlyke trader not to get stopped out consistently with a 20 pip SL.
P.P.S Trust me on this no matter how good your entry gets 20 pips is just to small. SL is not a good way to run trade managment. IMO SL should just be there in case your computer and connnection goes down. At LEAST 50 on the EU, IM0 even that can be to small.