I am looking to try something new in 2013 I just opened a new account with a different broker than I normally use. But I am looking to only make )(on average) one trade a month in that account. That is, I will have to sit on my hands for most of the time and just wait it out till I can see a good opportunity to make 100 pips on each of my trades only 12 times in 2013. I will just compound it starting with 0.2 lots ($600 in margin.) I am starting with $1000 seed money just in case and will most likley use EUR/USD since it has the most liquidity. By my calculation that would be around $25K results and will require 7.2 lots in the last month, if I can get 12 in a row.
I will most likely be using PA for these trades.
Has anyone on these boards ever really been patient enough to be able to only trade once a month?
I will most likely be using PA for these trades.
Has anyone on these boards ever really been patient enough to be able to only trade once a month?