Now is the time I shock you with my trade management. From a trade perspective, my goal is 10 pips per day. I can tell you that for this trade, under my normal trading conditions I would have also placed a TP at 5 pips, and have already banked half my quota.
Then I move to the 5m and 15M to scalp my way to 10 pips. Once at 10 pips, I lower lot size and spend the day looking for any more entries
Here though - it is my intention if the EU will allow me, to show you how to:
1. remove the risk
2. lock in profits
3. trail your stop behind price, gradually locking in profits, this is a whole process in and of itself, that requires supreme patience!
Then I move to the 5m and 15M to scalp my way to 10 pips. Once at 10 pips, I lower lot size and spend the day looking for any more entries
Here though - it is my intention if the EU will allow me, to show you how to:
1. remove the risk
2. lock in profits
3. trail your stop behind price, gradually locking in profits, this is a whole process in and of itself, that requires supreme patience!