Day trading rules.....


as questioned on another forum ...my MAX stop on my trading is 5 pips ...many times i get in for less

this allows some good % returns on capital most days .....like today

for the dow session so far i have been hitting GBP and Euro against the USD bull

i have 25 pips locked in on the EU so far and about 23 on cable ...i bloody missed an EJ sell earlier

so at say 1% per trade at 5 pips stop needed thats roughly 10% return there if it holds

some days better than others ...........daytrading / scalping is bloody hard but the most rewarding approach to trading if you stick at it

N


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