|
Anomaly - I think we're slightly at cross purposes here. I basically agree with you re. letting your profits run. I've come to the conclusion that the way to make some decent money is to catch the decent moves. I just don't think that optimising a system to death in order to catch exact tops and bottoms is the best way to trade. I'm not talking about trying to take the easiest 10 pips of a 150 point move, but neither am I talking about trying to squeeze 145 of them.
I just think there's a happy medium to be had somewhere that will allow you to develop a system that isn't too hard on the emotions, and that will give longer term signals than would typically be employed by the average 'scalper'. Not that I have anything against scalping per se, just that for me personally I can't see ever that being how I want to operate.
|