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Old 01-06-2008, 05:01 AM
vin vin is offline
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Join Date: Aug 2006
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Quote:
Originally Posted by prasxz View Post
there's no TP and not fix lot size right ? ...When u r double your lot and why ?

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There is no take profit because, I can't predict the future, and I wanted to hold my winners as long as possible. I however have a mental take profit at major support levels, Once I am around this level I start tightening my stops but still go with the trend. I think a lot of these moves are long term and that even I get stopped out it will be a retracement and I can get back in later.

The strategy is simple I am relying on long term momentum and chart patterns. entry and exit in shorter time frames by using volatility.

When u r double your lot and why ?
I don't understand what htis means
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