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- 1,006 Pips on a trade?
I was reading a blog and this guy says he made 1,006 pips on one trade. How is that possible? Click ...
I was reading a blog and this guy says he made 1,006 pips on one trade. How is that possible? Click ...
Soros is King but Google 'Kurt Hanks forex'. I bet he can give anyone a run for their money on a % gain basis.
I liked the patterns book mentioned above and I also enjoyed Adventures of a Currency Trader by Rob Booker. It's a trading psychology book...a fun read. If you really want to learn something, I would suggest checking out Rob Booker, Peter Bain and ...
Yeah depends on the strategy and the pair. I usually move to BE if I am up 50 pips. No use turning a winning trade into a losing one. Gotta test it out on historical data!
Depends on the signal — I usually put the stop loss in a place where it probably won't get taken out by a minor market fluctuation but at the same time will let me know that I was wrong about the trade. Like people have mentioned above, you ...
You need to backtest — To get a better idea of where you need to put your stops and targets you should test with historical data. This won't give you the holy grail but it will give you a better feeling for what works and what doesn't. This ...