Forex Secrets 2: Moneymaking Tips. 20 or 200 pips per trade?
It is crucial for any Forex trader to differentiate between shady and decent trading opportunities. You certainly have to know the approximate potential of any trade you open (whether it is 20 pips or 200 pips). Indeed, it is very irritating when you close the trade and the price keeps moving forward in your direction while you are realizing how much more you could have earned but for the premature closure.
By the way experienced traders say that underperformance is as bad for your trading results as losing trades. A natural question arises: How to tell a 20-pip move form a 200-pip move? Well, let’s ask Masterforex-V Academy about it…