Thread: Dolly system
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Old 10-10-2006, 08:25 AM
watermark watermark is offline
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Join Date: Jan 2006
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Query

Thanks for such a great system.

Do I understand correctly that for instance today the eurusd buy trigger is at 1.2615 with TP 1 at 1.2635 and SL at 1.2575. This means that we have 20 pips for TP whilst 40 pips for SL. I am still a newbie but a number of traders advice that in order to be profitable the TP has to be greater than the SL.

Sorry if my question sounds stupid but would like your clarification / input.

Watermark
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