Change in approach from Pip Makers after a loss of about 3.5% last week. We were stuck in a trade for a while and it was decided that getting out of it & moving on was the best policy. And so Is has proven as the price of the pair stayed where it was and we’ve made some good profits since.
The new approach is more of a scalping system – 4/5 pips target so theres a lot more action and even more risk averse approach. There wasn’t a great deal of profit in April and for that reason the guys who run PipMakers waived the monthly % commission fee which was a great gesture.
Definitely something I recommend looking at.