#3. is correct...been there, done that, got the T-shirt cut off. I've slaved the hours away already stressing about your worries, no need for you to re-live it.
Just today's price action was enough to close all the trades at least once.
The target is plus spread, so the only enemy we have is latency, which is the same reason I don't have more orders setup. It takes too much time to close so many orders. We have to be able to capture the profit while it's there-quickly. Now, I've had, as I mentioned before, slow, flat markets that took 2 weeks to move...but when they did, ...wow!
Don't worry, just try it...put it on, put it on the back burner, pull it out in a few weeks and look at it.
Just today's price action was enough to close all the trades at least once.
The target is plus spread, so the only enemy we have is latency, which is the same reason I don't have more orders setup. It takes too much time to close so many orders. We have to be able to capture the profit while it's there-quickly. Now, I've had, as I mentioned before, slow, flat markets that took 2 weeks to move...but when they did, ...wow!
Don't worry, just try it...put it on, put it on the back burner, pull it out in a few weeks and look at it.
Too close for pips, switching to points.