Hello Dan,
I use to cut my losses as soon as possible but I have a negative position in gbp/jpy that I forgot to place my sl when I did scalping with it, but the margin is very good (I don't risk more than 8%) and as you know this pair is very volatile and reverse a lot.
And when I discount my lost pips to these gained pips that's what I am getting, I hope it could last.
But it's because in my real work I am alone with my laptop and bored. And when I am bored with the long term strategies I use to scalp with this pair. Yes: very dangerous but very profitable
Quote:
Originally Posted by Dan
That's very good!
How many pips do you lose in a bad day? You must have them occasionally.  |