Rob, What's Your Strategy?

I received and replied to a series of emails today. Here's how it went:

Trader: Thanks for great e-books. I wanted to ask you how many pips on average your system is doing in trade, day or month on given currency pair. Thanks for answer.


Me: It depends. I try for between 50 and 100 pips per week. But it's more important to me that I don't lose.


Trader: how many currency pairs you trade? and which ones?


Me: i plan trades on up to 12 currency pairs per day. i take 2-5 trades per week at most.


Trader: what is your strategy?


Me: To not lose money.

Was I just joking around? No. I get more and more email every day from people asking me what my "strategy" is. My strategy is to not lose money. As much as I say that, it still doesn't make sense to some people. I'll try to write some additional posts to clarify this even further.

Posted by Rob on May 30, 2007 07:06 PM | Permalink

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