I got my licence two weeks ago. I was completely new to everything. I am just trading currencies, and so far I have got a 14 per cent increase in my portfolio. I try to keep my stop loss at 400 and TP at 150.
I keep the stop loss high to avoid unnecessary triggering of the stop loss, I have observed that usually the loss is recovered. I take small profits and do more trades which eventually accumulate.
Any suggestions are welcome.
I keep the stop loss high to avoid unnecessary triggering of the stop loss, I have observed that usually the loss is recovered. I take small profits and do more trades which eventually accumulate.
Any suggestions are welcome.
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