loses

Most time i just feel not to trade rather than trading and losing money, today despite the moves l still made loses

Y
@yokoyi - 1 week ago

I think for eurusd you have to open the trade and close it after 10 pips. Meaning if you are trading 0.01 lot size, close after N1,400 profit. Dont expect the price to keep going in one direction. If the N1,400 profit is too small for you, then consider trading a bigger lot size but close out early

Y
@yokoyi - 1 week ago
Quoted - asuquokelvin

Trading is not supposed to be so, you need more details than just technical analysis

Trading is not supposed to be how? You must not hold a trade for too long during certain seasons. 10 pips is okay depending on your lot size. There are seasons too. You have to know the average distance a currency pair moves during certain seasons, then trade accordingly. If during this season eurusd moves an average distance of 30 pips in a day it will be senseless to try to hold a trade for 50 pips

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