Traders Laboratory - View Single Post - OzFx System :) 100-800 Pips Per Trade
View Single Post
  #37 (permalink)  
Old 03-01-2008, 08:15 PM
BlowFish's Avatar
BlowFish BlowFish is offline
BlowFish is in da house

Trader Specs
 
Join Date: Mar 2007
Location: Europe Mostly
Posts: 876
Thanks: 24
Thanked 121 Times in 85 Posts
Re: OzFx System :) 100-800 Pips Per Trade

Re-Cap from post 1:-
_________________________ _________________________ ____________
Money Management:

* Trade with 5 Lots with Stop Loss 100 pips away
* Take Profit on 1st Lot at 50 pips. Move Stop Loss to Break Even (BE).
* Take Profit on 2nd Lot at 100 pips.
* Take Profit on 3rd Lot at 150 pips.
* Take Profit on 4th Lot at 200 pips.
* Let the 5th Lot run until you see an opposite entry signal.
_________________________ _________________________ ____________

So when you report +100 it is
2/5@ +100 | 3/5 Scratch

Makes sense now

Cheers.

Reply With Quote