Forex Profit-Taking: Have You Ever Left Pips on the Table? -

Forex Profit-Taking: Have You Ever Left Pips on the Table?

Uploaded by Gerald Getty on July 9, 2021 at 10:11 pm

Forex Profit-Taking: Have You Ever Left Pips on the Table?

When it comes to forex profit-taking, have you ever left pips on the table? I can assure you; it happens to everyone. Why? There could be several reasons, and often it’s psychological. You just don’t want to give back those pips! That’s called an “ungrounded” reason.

But the reasons should always be a forex trade management decision, made based on grounded factors. These could be things like technical profit-taking forex support or resistance levels, important news releases that could have an effect on your trade etc.

In today’s video, I’ll show you a forex profit I took for just over 2:1 RR, using one of our forex scalping strategies. Not bad, but…I then watched it become a 15:1 RR! Talk about leaving pips on the table. However, what’s important is why I did what I did.

Did I make a good decision? After you watch this video, let me know if you think you would have done it differently, and if so, why? Leave a comment below the video.

You can view the video here: https://youtu.be/nP9_uP6Eh-4

MEMBER COMMENT IN CHAT ROOM

“Took a GBP/USD sell from a 4hr level. Going to keep stop very tight, as I’m up 5 R this week and do not want to give any of it back”

You can get more information on our Forex Trading Services here: https://www.forexmentor.com/cc/

Thanks, hope you enjoy the video,

Vic Noble
vicnoble@forexmentor.com

Forexmentor.com

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