Yes, this is a newby question. Please be kind. I’m sure someone has asked this.
How about buying a long and short of a ranging pair. After some time (or pips), close the profitable position, bank the cash and open The same position. When and if it retraces, do the same. What is the downside to this? Please be kind.
How about buying a long and short of a ranging pair. After some time (or pips), close the profitable position, bank the cash and open The same position. When and if it retraces, do the same. What is the downside to this? Please be kind.