Hey - I just read this thread - and I've come up with a 'radical' idea!!!
If you get margin called your positions are closed (at a loss of course) BUT the amount used for the positions is returned to you not so???
So - instead of using stops you margin 99.99% of your account at any one time. If the trade goes in your favour - WOW - if not - you get margin called instead of being stopped out!!!
__________________
Regards,
Dale (forexbrokersonline.net).
'I know traders who can never seem to hang on and follow a good system because of a compulsive need for action. I know other traders who have a greater need to be right most of the time than they have a need for the money they can make' (J. Welles Wilder Jnr. from 'New Concepts In Technical Trading Systems', 1978).
|