| Re: Is 1 PIP spread possible Pipjockey -
It can. It's all psychological. If your TP is 30, why not 27? It's easier to reach. Your entry position is crucial to your success sometimes. If you wait for that one last pip it may turn dramatically against you.
Also, some strategies work well with small spreads. For example, I'm currently only looking for 5 pip TP on my trades to increase the success of the system. If I only have to look for 6 to 7 total pip movement instead of 9 or 10 with 4 and 5 pip spreads it can greatly increase the success of my system. Matt |