This is a really trade, don't trust that every trade can make you 200pips.
> 1 (yellow): Entry level
> 2 (blue): panic level (omg i'm losing money) > wait, patience, don't close the trade just for 5 pips in loss, keep a little margin
> 3 (green): you are in profit, it's your choise close or wait for a major gains
> 4 (red): ok, sometimes you have to close at breakeven, can happen
If you close after 2 days for a 40-50 pips profit, you didn't risk much.
Point 2(blue) and 3(green) are the most important, have patience and don't be too greed
Think about it.
> 1 (yellow): Entry level
> 2 (blue): panic level (omg i'm losing money) > wait, patience, don't close the trade just for 5 pips in loss, keep a little margin
> 3 (green): you are in profit, it's your choise close or wait for a major gains
> 4 (red): ok, sometimes you have to close at breakeven, can happen
If you close after 2 days for a 40-50 pips profit, you didn't risk much.
Point 2(blue) and 3(green) are the most important, have patience and don't be too greed
Think about it.
