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sareen
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I have been on a winning streak and now nervous to take new positions
在
新手交易员
中
Mar 21, 2013 at 12:03
On a 5 Minute chart, do you think 10 PIPs is a tight SL, if you are holding positions for 1-2 hours max and looking for rewards between 20-30 PIPs? If it hits 10 PIPs so be it, but if it doesn't hit your target of 20-30 PIPs then you let the trade run so be it if it hits your SL. What's your take?
My own experience in FX market Since 2003
在
新手交易员
中
Mar 21, 2013 at 12:03
If you're managing your trade well, including your risk to reward ratio as well as major news announcements I don't see the issue but you must have a clear level where you will take profit or stop the loss.
Broker Suggestion
在
新手交易员
中
Mar 21, 2013 at 12:03
I would go for MB Trading, oldest broker in the business, regulated and with extremely tight spreads
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