top of page

Give yourself room.....

ive just been having a long chat with a trader i am mentoring they are getting better and better impressed but you know what they are still doing thats hurting them ? they are being tooo aggressive on stops ! yes i know they are trying to boost returns by maximising profit per pip...I get it but they are missing easily 1 trade in say 5 to a small stop out move thats a 3-5 pip stop loss trade vs a b/e or small winner 20% of the time and you cant afford that ....not in this game theres some great books on how to find small % wins in your endeavours each small % increase in your edge makes to you more of a winner ....then you are closer to the tipping point that makes you a profitable trader (another good book)..... N

5 views0 comments

Recent Posts

See All

FXCorrelator - Adieu ! (?)

hey all ....with my last blog Post nearly a year ago here - its pretty damn clear that my other projects and ventures have taken me far away from posting and teaching the Core FXCorrelator indicator m

bottom of page