I will not catch a whole time of big wave, or just a very short time for trading, every market they will have risk and profit, when there is a loss during the trading, we should wait and review, see that the strengy is correct or not. If there is not big different with the graph, I will still wait for the profit comes.
But I will not set the time for too long, maybe 3-4days is the maximum, because seldom people can catch the whole wave of the currency, but if you don’t take the profit, if the market is going reverse, you will get loss but no any profit in your wallet, so you have to set the target how much you want to earn and getting profit. For me maybe 1000pips to 1500pips for mid term, and 600-800pips for short term.
Try that everyday the get profit to make yourself more confidence.
Enjoy!!
Edited 24 Jul 2021, 21:31
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