Your exact day by day trading plan is more about your position size, stop losses, close point for a successful trade, and so on. In this situation you do have a profit target, voiced vis the number of pips you will take if the trade is profitable. It’s not a brilliant idea [...]
Posts Tagged ‘strategy’
This tip is probably the most valuable tip I can give. It’s all about psychology. You may think it’s not important, you may say give me a secret indicator that indicates trades with 100% certainty, but psychology place the major part in success of a trader.
Far too often traders let their emotions stand in the [...]