It is very simple why 10 pips will fail and i have explained it many times. But every time I do explain you turn around and say no! no! we aim...
The both of you resort to insults its interesting. Do you feel threatned? i am simply sharing my views and you have nothing better to comment then...
Haha brilliant, Having a mandatory pip stop is meaningless? let me tell you now with that comment you will find your trading will never...
Please make up your mind, so you are now say you will not take a trade for 10 pips profits? Please explain how 10 pips a day is even relevant...
Isnt this whole thread about aiming to make at least 10 pips a day? so now you guys agree that making 10 pips is not sustainable for the future?
This comment shows your lack of understanding. if you aim to take a 10 pip profit yes you need a 3 pip stop if you are going to sustain this...
I do not know much about futures so can not comment there. But given your example of losing maybe 20 pips in 1 day and making 50 pips in...
Thats good to hear, beacuse i promise you aiming and closing trades at 10 pips profit will only cause you grief in the long run!
Yup, that is fine the 10 pips is a goal you aim for. However if you decide to close out that trade on 10 pips therefore meeting your goal, my...
Slowly we may be getting somewhere. Great you will close trades out for profits greater then 10 pips. But hang on? Now we are not aiming to...
I I am trying to have a conservation simply giving my opinions. This last post and others you decide to insult and patronize me. Seems you...
If you are refering to making 300 pips in one day here then that isnt aiming to make 10 pips a day is it? If you mean 300 days making 10 pips...
Do you actually read what i post? Or just see what you want to see? It is you that assumes to know what the market will do with your ability to...
I sense a very negative and defensive attitude towards this. Is it your book that recommends this strategy? So you can make 10 pips a day...
Painful..., Again you completely misunderstand. Kind of explained this in my first post. So you risk 5 pips in the forex. Which means you...
I dont think you completely understand what i am trying to say. Or maybe it is just you choose not to. I really dont know what the 26k/year...
Hi Icarus, Sure I agree with you completely. It is very easy to make 10 pips day but this allows the market to move away from you by much more...
You can make it for work for 30 days sure, but i come back to my point of a strategy that is sustainable. As you say that you do not use stops...
I think you completely misunderstand the situation. In order to be a successful trader you must have a strategy that will provide you with...
And here lies the fundamental problem. If you allow the market to move 20 points against you how do you know then it may not move further? maybe...
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