Money Management : How many pips? | Forex Factory

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Money Management : How many pips?

  • #1
  • First Post: Jun 8, 2007 11:45am Jun 8, 2007 11:45am
  •  vrama
  • | Joined Dec 2006 | Status: BE at right place@right time = LUCK | 210 Posts
Money Management :
After how many pips we have to expect that price is reversing on each time frame?
All things are difficult before they are easy.
  • #2
  • Last Post: Jun 8, 2007 11:53am Jun 8, 2007 11:53am
Quoting vrama
Money Management :
After how many pips we have to expect that price is reversing on each time frame?
There is nothing to expect on forex. The only way to know when the market will reverse is to see it reverse...

Do not play with expectation. Put SL exept if you are carry trading and have a very confortable margin.
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