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BEST system,you can find
- Thread starter nadeemrock
- Start date
Quote from nadeemrock:
Quote from tomdavis:
Where are you putting your stops? 1 point? 2 points? [/QUOTE
2 points stop loss .if i do trade at lunch time then profit is half point and loss is one point
Trading for a one point profit with a two point stop loss means you have to win 70% of the time just to break even (including slippage/commissions). A losing streak of just three requires six wins to recover. Seems like a tough way to make a profit over the long haul.
Quote from tomdavis:
Trading for a one point profit with a two point stop loss means you have to win 70% of the time just to break even (including slippage/commissions). A losing streak of just three requires six wins to recover. Seems like a tough way to make a profit over the long haul.
and for small amounts, slippage, commission, the bid/ask spread, etc. make that significantly higher than 70%.
hi i am planing to open online room for trading jointly because many people requisted to fallow this system.so only 25 people will be welcome.to start trading every body must attend online training session and must have $5000 account size.who r intrsted pls mail me at rocktrades@yahoo.com.