Wednesday, June 24, 2009

About my Stop loss and Take profit

After few good and bad trades, overall still acceptable. :)

And after make some considerations, I decided to put the stop loss just at the highest point plus spread. While for the take profit, I will adjust it manually along the way.

However, I will still set a take profit target before the trade. The risk reward ratio will be 1 : 1.5. Will start this from the next trade onwards.

Happy pipping all. :)

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