QUOTE(zDarkForceSz @ Sep 26 2013, 10:23 AM)
my broker FxPro has no limit. you can set what ever number you want =x
haha... actually with/without limit also have their own benefit, it depend on what trading strategy that you use.
I prefer use 1:3 trading method, which is place 30 pips as stop lose, 100 pips as winning pips.
1:3 rule trading strategy
- place a stop lose 1, take profit is 3 times
- for example : I am always use put stop lose 30 pips , take profit 100 pips.
- let say in a 10 times trade, 3/10 times you win only , other 7 times you lose for it
- eventually you are the winner for this event
- calculation : win 3 times * 100pips = 300pips
loose 7 times * 30pips = 210 pips
total 10 times you still win 90 pips.
In forex 1 minute chart trading , there are no 100% sure win method, with the above strategy we can get what we need in a month.
So don't wait for it, we play forex together , share out all posible winning pips in here, if we hit 3 times , then we confirm win in this month.