Well today was a bit of an odd day for NFP. The market gave a nice push down then almost immediately reversed. It looked like the first move came around :59 seconds which filled me then the real move took over in the opposite direction. The good news is my stop held up and I only lost 5 ticks. Its important to remember that eventually you will take a loss, that's part of trading. The key is to make sure your winners are much bigger than your losers. Once you understand giving some back to the market is a part of trading it removes a lot of the stress. In general I use a 20 TP and a 5 Stop which is a great risk/reward ratio and so my losers are small and my winners are big. (To test JOBB for yourself CLICK HERE)

0 comments:

Post a Comment

 
Top