Cable Update (GBPUSD)

Quoting BigNumbers

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Accuracy matters a lot in forex. It is better to be accurate in taking 10/15 pips than fighting for 80 pips that leads to a dead end. Most traders always come with the perception of looking to take 100 pips off the market.. It is okay to take 100 pips but I need you to know the “WORTH OF 10/15 PIPS” on a standard lot with accuracy! You will become a millionaire soon than you expect! Take partial ASAP!! Trading is too dynamic because repricing can occur at any point in time!

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Quoting hoda

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{quote} Bro, I am waiting for 1.2580. {image}

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Quoting Nordling

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{quote} The problem i face with is that when i close my trades and bank the profits market tends to continue going in my direction. But when i decide to keep my positions open market comes back to where i bought/sold it again so the profits are vanished Murphy laws i guess?

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Quoting Nordling

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{quote} The problem i face with is that when i close my trades and bank the profits market tends to continue going in my direction. But when i decide to keep my positions open market comes back to where i bought/sold it again so the profits are vanished Murphy laws i guess?

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Quoting woody70

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{quote} Once I bank profit that trade is over. I start looking for other setups on other pairs or do something else with my time.

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Quoting woody70

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{quote} Once I bank profit that trade is over. I start looking for other setups on other pairs or do something else with my time.

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Quoting Nordling

Disliked

{quote} The problem i face with is that when i close my trades and bank the profits market tends to continue going in my direction. But when i decide to keep my positions open market comes back to where i bought/sold it again so the profits are vanished Murphy laws i guess?

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Quoting BigNumbers

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It is only when you are consistent with 100$ per day over a period of time that you can look forward to upgrading to 200$ per day. Again, a lot of traders after setting a plan to get 100$ per day, even after getting the 100$ for that day, they will keep on trading, first they have forgotten their plan… The plan was after getting the 100$ I’m done for the day, tomorrow I’ll trade again. How can you succeed when you don’t stick to your plan ? Come up with a plan, stick to it and stop goofing around, Forex is not a child’s play!! Accuracy is the key...

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Quoting jordanvic

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{quote} dont worry, there are MANY MANY ways to trade and be profitable. some people take 5-10pips profit per trade and some might take only 5 trade a year on the weekly chart and both end the year in green. The hardest part is finding out which one are you.

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Quoting woody70

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{quote} this is true. I hear so many people hear saying i'm done for the day and within an hour they are right back taking more trades. When i'm done i'm done whether it is wins or loses.

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