Hello Paul,

I will continue to contribute as long as you get rid of the "Mr"!

The really good thing about what you guys are learning from Dan & Zak is that if you can be successful at the smaller time frames, then it's a doddle at higher time frames. Many guys think it's the other way round but it's not.

What you have to change is your mind set from small amounts to large amounts whether you are talking pips, dollars/pounds, account size and of course stop loss.

You also have to treat it more as a business or short term investment and in that respect, have a trading plan for each trade. Once you have your plan, then you execute it and stand back until it completes. "PLAN THE TRADE & TRADE THE PLAN". The really good thing about this is that you are FREE from your emotions and you can forget it and go about whatever it is that you need to do and know that your plan is working for you.

I have never been one for declaring pips as I feel it is bragging and I really felt bad (and still do) about disclosing the GBPUSD trade.

As I said to Pip Queen Nicola, my Daily trading strategy is not the Dan & Zak strategy but, having explained to her that it would have produced similar results, I now realise I can use it to add onto my earlier initiated trades.

If your broker allows 1 cent contract size, then you can trade the Daily with a small account.

I know I haven't answered all your questions but this is Zak's baby and I don't want to interfere.

Hope this helps

Rock on
Strat