Hi HH Agree, whatever way you rationalise the take profit issue is correct as it is only your brain which suffers the torment of the ifs and buts. I find the most rewarding part with this type of trading is the luxury of time to properly take stock of the scenario and any decision made is not rash. So many times when trading the 5 & 1m the torment of "Shoulda, Coulda, If Only" crept in for me ! Anyway good luck with the thread & your endeavours. Cheers Stu[/quote]
I agee Stu - having time on your side allows you to plan, which is something so many traders don't do.
Also, I can honestly say the rush of seeing the compound effect of a 100 pip impulse move when you have a number of trades in place that are at BE and safe is way beyond anything I ever expereinced scalping.
I agee Stu - having time on your side allows you to plan, which is something so many traders don't do.
Also, I can honestly say the rush of seeing the compound effect of a 100 pip impulse move when you have a number of trades in place that are at BE and safe is way beyond anything I ever expereinced scalping.