DislikedThe price before reaching 50 pips hits 10 pip indeed, but if there is a price reversal before that, a 50 pip stoploss is a totally different thing over a 10 pip stoploss...
I am a novice trader, and got some question to acu
1. got 4k in my acc... and am starting my first of the 6 months in which i hope to achieve consistency... are enough? i don't plan on withdrawing anything, i just want to build up. Obviously the target monthly might be 2k... but i am not in a hurry, it's more of a goal reward, to the effort put into it.
2. in regard of...Ignored
Phil's system seems solid... never tried it.
Again... the key is money management.
If you risk more than 5% on each trade you have around a 20% chance at longevity in this market.
Ask me one question at a time.
Mike