GBPUSD short
R1 entry.
Entry order let's the market take me in instead of forcing an entry.
Target is 2% or bust. Hold until trade hits 2% or hold until full 1% loss. I would argue that putting your SL at BE once price hits 1% is a good risk management method but it can build bad habits. this trade for example would be close at BE already.
Entry order let's the market take me in instead of forcing an entry.
Target is 2% or bust. Hold until trade hits 2% or hold until full 1% loss. I would argue that putting your SL at BE once price hits 1% is a good risk management method but it can build bad habits. this trade for example would be close at BE already.
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