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| about limit of profit |
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shrinatha
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| Post subject: about limit of profit |
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Posted: Tue 06 Sep, 2011, 11:55
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stomaraka this user had 1000+ pips profit in euro/chf how it possible can explain?
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Guest
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| Post subject: Re: about limit of profit |
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Posted: Tue 06 Sep, 2011, 12:51
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shrinatha wrote: stomaraka this user had 1000+ pips profit in euro/chf how it possible can explain? now traders can change the take profit at 2% away from current market price and he kept changing the TP every few mins when there was a spike in CHF which led to such a big profit in pips.
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Contest Support
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| Post subject: Re: about limit of profit |
Post rating: 0
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Posted: Wed 07 Sep, 2011, 10:47
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User rating: 8
Joined: Wed 21 Apr, 2010, 10:42
Posts: 1167
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As was correctly replied, traders may shift their SL/TP levels following the moves in the instrument's price.
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Guest
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| Post subject: Re: about limit of profit |
Post rating: 0
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Posted: Thu 08 Sep, 2011, 12:38
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Contest Support wrote: As was correctly replied, traders may shift their SL/TP levels following the moves in the instrument's price. Yes, but it is inconvenient, as one must constantly watch over trades. Personally, I don't see a point in 2% rule when trading weekly S/R.
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stomaraka
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| Post subject: Re: about limit of profit |
Post rating: 0
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Posted: Thu 08 Sep, 2011, 13:14
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User rating: 0
Joined: Thu 08 Sep, 2011, 13:11
Posts: 2
Location: HR
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Guest wrote: Contest Support wrote: As was correctly replied, traders may shift their SL/TP levels following the moves in the instrument's price. Yes, but it is inconvenient, as one must constantly watch over trades. Personally, I don't see a point in 2% rule when trading weekly S/R. I posted that but was not logged in. Sorry.
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Contest Support
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| Post subject: Re: about limit of profit |
Post rating: 0
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Posted: Fri 09 Sep, 2011, 15:01
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User rating: 8
Joined: Wed 21 Apr, 2010, 10:42
Posts: 1167
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Guest wrote: Contest Support wrote: As was correctly replied, traders may shift their SL/TP levels following the moves in the instrument's price. Yes, but it is inconvenient, as one must constantly watch over trades. Personally, I don't see a point in 2% rule when trading weekly S/R. Please see the following post, in which we disclosed the plans regarding the 2% limitation: viewtopic.php?f=48&t=42348As was told, we plan either to widen the limit (turn it to >2%) or to remove it completely. The respective announcement will be made once there is a final decision on that.
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Guest
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| Post subject: Re: about limit of profit |
Post rating: 0
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Posted: Fri 09 Sep, 2011, 15:26
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Sorry support but this trader -> stomaraka this user had 1000+ pips profit in euro/chf how it possible can explain?
COULD HAVE NOT move the tp/sl while the price was swinging because the pair moved 500 pips in one minute. How can you explain that? I will there is a bug somewhere..
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stomaraka
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| Post subject: Re: about limit of profit |
Post rating: 0
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Posted: Tue 13 Sep, 2011, 15:46
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User rating: 0
Joined: Thu 08 Sep, 2011, 13:11
Posts: 2
Location: HR
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Guest wrote: Sorry support but this trader -> stomaraka this user had 1000+ pips profit in euro/chf how it possible can explain?
COULD HAVE NOT move the tp/sl while the price was swinging because the pair moved 500 pips in one minute. How can you explain that? I will there is a bug somewhere.. No bug. I did just that - moved my targets as price jumped up.
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