So true. Frustrating because I do the same thing. Basically I have to have scalp positions and longer term positions. Truth be told though, any profit is good profit, right?
good news. do be careful with trailing stops though as a rule I hate them, but useful for that 50% target play. If you are going to use them then too small and you will get stopped out loads for small profits. For instance EURUSD I would recommend at least 24 pips (240 on a 5 digit broker) and GBPUSD min 30 pips.
mohan76
if you sell get 40 pip
new chance for long after 2 candle or less
half last session with its slow motion will start
good to know that you're doing well. i hope i can do just 10% of what you've achieved so far.
i hope i'm not being offensive here, but i think it's a lot easier to make huge % return or able to let profit run a long way with smaller accounts. "Mentally" it's quite okay but if it's standard lots that we're talking about, it's going to be "mentally challenging" to set huge sl or let profit run too far.
i'm not sure about you or others, but i do see the mental stress me in when i do standard lots, i started my account with 30 k usd.
