I put together a little vid, hope you like. I think for many fx traders it;s a must see.
Inserted Video
BASKET TRADE Management: Using multiple trade management EA's on basket trades 9 replies
Alternative Trade Management/Money Management Methods 3 replies
Money Management..keeping the money... 39 replies
Money Management / Risk Management 24 replies
Help with Money Money Management Please! (Free EA) 4 replies
DislikedI put together a little vid, hope you like. I think for many fx traders it;s a must see.
http://www.youtube.com/watch?v=iiFUW0YDfl0Ignored
DislikedHello,
I like the idea of different lot sizes, when the confidence in the setup is different. Furthermore, this guy insists, that pip counting isn't actually a guarantee for profit and we shouldn't count pips. He is absolutely right. However, he can't understand , that chasing certain profit destroys one as well . This kind of thinking only provides rigidity... You shouldn't aim for 100 pips or for 300$, instead you will manuever or stop when the market starts to bust your balls. I don't make any difference between stop loss and take...Ignored