2 Pips Per Day

Discussion in 'Forex' started by dunitlongpole, Feb 11, 2006.

  1. The market has no idea and does not care about your goals and condition...you must trade the market not your condition.

    You want to take as much as the market want to give you correct?


    Michael B.
     
    #41     Feb 11, 2006
  2. Formula:

    Reward:Risk = Limit:Stop = 2:1 = 100pips:50pips
    Reward:Risk = Limit:Stop = 3:1 = 150pips:50pips
     
    #42     Feb 11, 2006
  3. ok, meaning I should let my profits run instead of cutting them off at 2 pips?
     
    #43     Feb 11, 2006
  4. damn...your good...exactly ...but this is on the EUR/USD :)

    you need about a 75 pip stop loss...


     
    #44     Feb 11, 2006
  5. noooo.... your not listening




     
    #45     Feb 11, 2006
  6. So the ratios would be 2:1 150:75 and 3:1 225:75 , am I right
     
    #46     Feb 11, 2006
  7. react to the market and quit quoting all these niceities to me...you have been visiting too many forums young man...

    cliches do not work...
     
    #47     Feb 11, 2006
  8. good...


    yes...i would try the second one...now you must get your entry method...

    try for at least a 35% win rate...


     
    #48     Feb 11, 2006
  9. gwac

    gwac

    Ya 2 different Financial Institutions.

     
    #49     Feb 11, 2006
  10. you guys all crowd around the bloomberg don't ya! gw...
     
    #50     Feb 11, 2006