Dislikedwow.
every one is so happy gambling away and when wrong taking a loss.
instead of properly assessing market conditions, scaling in with proper position sizes, and managing the risk interactively.
yet im the new guy that will learn.
20 pip stop 40 pip t/p
been there done that. to each his own, in my part as my account grows trading the wrong way. maybe i should go back to trading the right way and see it diminished.
mental stop is not a price.
one should avert further loss when the market shows you, that you are wrong.
if im wrong and...Ignored
Set and forget then walk away, let the stops and tp's take the strain.
If 8 of 10 are winners who cares about the 2 losers?