euro-scalper

Jerry I like your post, in particular certain points that I'd like to comment on. Wanting the home runs "is greed". Greed kills accounts. It killed a few of my early ones at least! Think about this ..."how many times will the market move up & down 30 pips compared to how many times it will move up & down 100 pips in one day?" The small moves present opportunities for small wins over & over & over. When I was a consistent loser I used to laugh at traders taking 10 pip profits. Now I love it as I can do that all day long. It only takes a handful to meet a sensible daily target and usually I let at least one of the "later trades in the day" run & get myself an extra 50 or so pips. It's low pressure trading! This was an important step in my trading career If you suffer from "wanting to be right" or "not wanting to lose", if you can get your mind to think in this new way, it will help conquer some of the typical self-sabotage. You can do this provided you have some reasonable experience with price action and have an edge you can trust. If you have that, take every trade and after the wins & losses, the net profit will materialise