Registered: Feb 2011
05-06-12 06:12 PM
Quote from oilfxpro:
Small profits in high volatility will result in stops getting hit faster than take profits.To have small profits ,one must have smaller stop to make be profitable , and smaller stops get hit more frequently and it messes up positive expectancy.This is not good for the psyche,discipline and emotions of the trader.
Those image shows hardly and major trends , most of those obvious trends break down in a few pips.
If I was selling trend trading courses ,I wouldn't want people to believe they don't work.
That's why u only enter on high probability, high profit potential (relative to risk...ie stop loss distance) low risk trades. It's not rocket science...