Pip traders trying to make a margin of 1 or 2 pips is stupid imo
For example 100,000 shares x .70 = $7000 + brokerage.
If you make 2 pips profit only $160 with brokerage out.
Risk reward not there - also if it runs you will have to buy in at
a higher price if you want to stay in.
Fair enough trading to make $1000 on $7000 but not $160.
All the best long term holders.
XPE General Topics, page-4044
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