View Single Post
  #32 (permalink)  
Old 05-12-2007, 12:12 AM
craigfx craigfx is offline
Newbie
 

Join Date: Feb 2007
Posts: 29
Lightbulb Starting to understand

[color="Red"][quote=ljyljl5555;9852]Money management is very important, target 5-10pips each time more. Once the target is reached, close some of your positions and let the remaining positions run, s/l is adjusted each time the market moves until it is hit.That's it! :P

How many positions do you normally start with that your closing some?


[quote=ljyljl5555;9852]the stoploss u need is extremely small (5-8pips).
Is the stoploss, a mental one, because the minimum I can place is 10 pips from current price?

P.S.-Thanks ForexWoman
Reply With Quote