Hi all,
I want to start with an experiment. I try to catch 4 pips every day.
Why 4? It's because of my stop. I use a stop which is double the size of the tp. I go for breakouts in the EUR/USD only. The price often breaks through S/R levels. I don't care about if there will be a new trend or not, I just look for 4 pips.
I start with $2,000 today. I use Oanda where I have a nice spread of 0.9 pips for the Fiber.
I use very high leverage. A loss will result in about 2-3% of my account size.
Regards - Xaron
I want to start with an experiment. I try to catch 4 pips every day.
Why 4? It's because of my stop. I use a stop which is double the size of the tp. I go for breakouts in the EUR/USD only. The price often breaks through S/R levels. I don't care about if there will be a new trend or not, I just look for 4 pips.
I start with $2,000 today. I use Oanda where I have a nice spread of 0.9 pips for the Fiber.
I use very high leverage. A loss will result in about 2-3% of my account size.
Regards - Xaron