EURUSD Master--- Live Trading CALL

Man you gotta change your strategy. Have you been stopped out on every trade? Loosen those stops up or start doing the opposite of whatever you are doing.
 
Quote from FCXoptions:

Man you gotta change your strategy. Have you been stopped out on every trade? Loosen those stops up or start doing the opposite of whatever you are doing.
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youre right, but i seem to want to hit a home run on every trade

it wouldnt hurt though to take some of the 20-30 pt profits that most of the trades show before price reversing and stopping me out.

and with my stops usually being 10-30 pts, its a decent 1:1 risk reward ratio
 
Quote from vlpaul:

youre right, but i seem to want to hit a home run on every trade

it wouldnt hurt though to take some of the 20-30 pt profits that most of the trades show before price reversing and stopping me out.

and with my stops usually being 10-30 pts, its a decent 1:1 risk reward ratio
More...

Do you get to watch the market all day or at least occasionally check your positions? If so as soon as you are up raise your stop loss. Use it to guarantee your win. Ive started using them on my option trades and walking them up as soon as it's a winner. Makes me 10 times more comfortable with letting my trade run for longer in case the market reverses faster than I can place a limit order.
 
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