foresignal false signals, page-5

  1. 1,937 Posts.
    Don;t take offense db, I guess it matters if you trade mini's or full contracts, and how often.

    My stops are 30 pips and targets are 100+, I take profits at 50 or when it suits me. Why would anyone be looking for 13 pips? - when it should be part of a bigger move with more confidence IMO. Announcements alone incur much more movement.

    My confidence takes a hit not from trading pennies and being up or down (too many $$) is part and parcel of me being an idiot sometimes (more times than others, like trying to pre-empt trades instead of just reading the charts). But am getting better with commodities ... as I plan to one day get serious.

    Better to be out of the market waiting for a nicer setup to yield moves larger than tens of pips. That's just my approach - you don't need to wait long.

    rgds,
    pw
 
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