Thread: How many pips till you close your position
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Old 10-05-2005, 08:01   #3
Fatman in the H
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Re: How many pips till you close your position
Quote:
Originally Posted by Knew 2 4 X
Was wondering if you have an average of how many pips you try to gain per position before you decide to close it. In the demo Ive been aiming 15-20

I am live trading off the 1 hour chart and target 40 pips.
I am trialing at the moment just running a trailing stop of 50 pips. But as I said trialing and see how it goes.

I have had reasonable success at 40 pips level, at the moment running 60% prfitable trades over the last 2 weeks.
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