Hello all,
I Have a full time job and not enough time to be a full time trader.
so i plan to do some long term trades on the side. By that i mean I want to wait to gdpusd form a trend in the daily chart and weekly chart then long or short it. I would use around 0.6 lot, on a 10k account, and set S/L 200-300 pips. And monitor it every weekend. What do you think?
Edited because going against trend = bad…
Best,
Nav
I Have a full time job and not enough time to be a full time trader.
so i plan to do some long term trades on the side. By that i mean I want to wait to gdpusd form a trend in the daily chart and weekly chart then long or short it. I would use around 0.6 lot, on a 10k account, and set S/L 200-300 pips. And monitor it every weekend. What do you think?
Edited because going against trend = bad…
Best,
Nav