Dislikedhi colo and all,
i am a newbie and very excited to use this simple system but can anyone help me how to calculate the BE? how do you determine BE? is it 20 pips away?
ThanksIgnored
Welcome
Break even would be entry price + or - the broker spread depending on the order. ie buy or sell. If you don't know what your broker spread is there is an indicator on this thread that you attach to your chart that tells you.
Happy trading all.
Titch