For intraday trading once 12 pips up is it a good idea to move stoploss to breakeven (the price in which you bought/sold). I'm talking about pairs with spread less than 4 pips.
1) Is this a common technique used by experienced day traders?
2) Also to all you pros what is your most consecutive wins?
My record is 8. I know of someone who has had 70+ consecutive wins and before that it was usually 25-30 consecutive wins. His max Consecutive losses was 4. All this between January up until beginning of March 2008.
Regards,
Phil GMT
(Be prepared for more dumb questions)
1) Is this a common technique used by experienced day traders?
2) Also to all you pros what is your most consecutive wins?
My record is 8. I know of someone who has had 70+ consecutive wins and before that it was usually 25-30 consecutive wins. His max Consecutive losses was 4. All this between January up until beginning of March 2008.
Regards,
Phil GMT
(Be prepared for more dumb questions)
BTC/USD Trend Following EA Beta Testing All Time Return:
66.6% BTC/USD NASDAQ