Traders Laboratory - View Single Post - 10 Pips a Day to Wealth - guaranteed
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Old 05-17-2007, 12:38 PM
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Re: 10 Pips a Day to Wealth - guaranteed

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What stops would you use in your quest for 10 points a day? If a 10 point stop then what happens when you lose 3 and are -30 for the day? You now need +40 to pull it back. 2 more losses and you've wiped out a week's profits.
I couldn't agree more.

Limiting your upside and knowing stops are going to happen is a recipe for an uphill battle in my opinion.

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