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How many pips that you feel , "it`s time to close , accept loss, and trade next time"?

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Rizal Dwi Satria
331
Rizal Dwi Satria 2016.06.03 11:30 
  • 3%
    (1)
  • 17%
    (6)
  • 14%
    (5)
  • 22%
    (8)
  • 17%
    (6)
  • 28%
    (10)
Total voters: 36
Damian Mateusz Dziadosz
5752
Damian Mateusz Dziadosz 2016.06.03 11:41  

pips by itself means nothing its not the same 100 pips loss in EURUSD and 100 pips loss in EURHKD it is not the same loosing 100 pips on a short term trade than in a longer term one  either is not the same loosing 100 pips on 1:1 leverage trade and 10:1. I would vote none of the options.

Marco vd Heijden
Moderator
4686
Marco vd Heijden 2016.06.03 11:49  

I just sense when to stop when the cash register starts taking too long then i close it and reopen on the next cycle point in time.

This is a time issue between trades rather then related to pips.

So my answer is:

None of the options.

Osama Shaban
1446
Osama Shaban 2016.06.03 15:44  

For me, this is a Strange question !!!

If no way you will lose, then try to minimize this loss.

Trade again once you see a good chance to trade ...

So, no number of pips to lose is related to time frame you use. 

Benjamin Dixon
23154
Benjamin Dixon 2016.06.03 20:42  
+1 for Damian... Pips are relative....
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