Following the rules pays off. Not following them doesnt

General Trading Forum YOU can do this and why you should

MATRIXBINARY373 June 29, 2016, 6:16am 1

Felt a little more comfortable about trying the GBP pairs again.

1st trade… Everything had lined up EXCEPT the 132 trend flip… Thought I could get away with a quick 10 pip scalp… Market said no way… and sent me to my stop loss. (The arrows pointing down were NOT there when I entered that trade…)

2nd trade. - Everything lined up this time and broke the swing low. Got in a little late but still got a nice 20 pip profit.

Bringing me to just about break even for the night luckily

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HYPOTHETICAL PERFORMANCE DISCLOSURE: Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp difference between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot befully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.