It is also interesting for me to reach 10 pips per day. But if you want to have risk:reward 1:2 it is almost impossible.(tp 10. sl 5)
It is much easier to have 3:1. Risk 30 pips to win 10 pips because of volatility of market. Do you think that is possible on the long run?
And I would like to ask you one more thing. When you say let the profit run and dont be greedy I thing that those 2 things dont go together
You should take your profits quick if you are not greedy. Am I wrong?
I am novice trader and I am finding my own way to trade but it is really hard. I think I want to trade too often and I think if RR is 1:1 or higher it is really hard to hit TP because SL is hittet very quick. Can you advise me on that?
It is much easier to have 3:1. Risk 30 pips to win 10 pips because of volatility of market. Do you think that is possible on the long run?
And I would like to ask you one more thing. When you say let the profit run and dont be greedy I thing that those 2 things dont go together
You should take your profits quick if you are not greedy. Am I wrong?
I am novice trader and I am finding my own way to trade but it is really hard. I think I want to trade too often and I think if RR is 1:1 or higher it is really hard to hit TP because SL is hittet very quick. Can you advise me on that?