Hey fellas
Recently I started demoing an idea I had
on every Monday open, I buy/sell at the same time and profit taking at 8 pips on both(I risk to say that It's based on volatility).Now the problem is that it's not really a system, Because potentially this could catch very big moves but you have to figure out when to dump the losing position and set more specific and logical p.t.
I still consider myself as a newbie,so i thought that more experienced traders could share ideas on how to improve it.
happy trading
p.s. i serve in the army so I may not be around to respond, take it easy.
Recently I started demoing an idea I had
on every Monday open, I buy/sell at the same time and profit taking at 8 pips on both(I risk to say that It's based on volatility).Now the problem is that it's not really a system, Because potentially this could catch very big moves but you have to figure out when to dump the losing position and set more specific and logical p.t.
I still consider myself as a newbie,so i thought that more experienced traders could share ideas on how to improve it.
happy trading
p.s. i serve in the army so I may not be around to respond, take it easy.
