ChesterB,
I am a FOREX newbie and have been trying to absorb as much information as possible in the last two months (yeah....there are about 2.1 billion posts with this same introduction out there .
Were you describing a trailing stop loss in your previous post? How would you change your stop losses and second tier TPs after the first TP was hit? Automatically or manually? I have looked at Ninja Trader as a possible platform to use to do just that. I believe the software supports exactly what you want to do automatically. I have a full time job, so I can't sit around watching the FOREX market all day and place trades. What platform do you use? Ninja Trader isn't free....
Thanks in advance.
-Erik
I am a FOREX newbie and have been trying to absorb as much information as possible in the last two months (yeah....there are about 2.1 billion posts with this same introduction out there .
Were you describing a trailing stop loss in your previous post? How would you change your stop losses and second tier TPs after the first TP was hit? Automatically or manually? I have looked at Ninja Trader as a possible platform to use to do just that. I believe the software supports exactly what you want to do automatically. I have a full time job, so I can't sit around watching the FOREX market all day and place trades. What platform do you use? Ninja Trader isn't free....
Thanks in advance.
-Erik