Saturday, January 31, 2009

Yesterday's trades

Yesterday was a good day to trade calm market condition, not many big economic news was in due, pattern worked very well. I was stopped out in USD/CHF for small lose, though the setting had some fault in it. I usually put stop at the swing high/low plus spread but in USD/CHF some how I forgot to add the spread. Any way I made 10 times more in EUR/GBP.


Antonie said...

What is a realistic monthly % return trading FOREX using appropriate risk management?

Thank you for a great blog.

PRD trader said...

Hi Antonie,thanx for your comment,my personal goal is 10% return on my risk capital and my risk per trade is not more then 2% in a singal trade.I only trade selective set ups with high R:R .