I'am having a problem at moment.
eur/jpy been going down today.
Am using 10 pip stop to control losses if i raised the stop to say 25 i would still be in the trades.
But when I'am wrong each time i would be down 25 pips instead of 10.
And not sure how far to let price go before setting stop to b.e. without it causing me to get stopped out prematurely.
Any thought buddies?
The frustrating part is looking back I should be well up.
eur/jpy been going down today.
Am using 10 pip stop to control losses if i raised the stop to say 25 i would still be in the trades.
But when I'am wrong each time i would be down 25 pips instead of 10.
And not sure how far to let price go before setting stop to b.e. without it causing me to get stopped out prematurely.
Any thought buddies?
The frustrating part is looking back I should be well up.
making green pips large and red pips small this is my goal.