Some secrets of pipsing.

detailed descriptions of this type of trading

are quite rare in the literature First of all, it follows that when pipsing, profits and losses rarely exceed 10-15 points, and most often the trader is happy with 5 points of profit per trade.

It is difficult to apply analysis here; trading is based more on logic and intuition, but at the same time, we do not forget about the basic rules of money management and risk management.

Now let's move on to a more detailed review of pipsing recommendations. Keep in mind that all recommendations are given for four-digit quotes; for five-digit ones, we simply add 0.

• Leverage size - the higher the better, usually pips traders use leverage of 1:500, this allows you to significantly increase trading volumes. True, such leverage is used with the expectation that the transaction will be closed with literally a couple of points of loss.

• Working without stops - in most cases, pipsing is carried out without setting a stop loss, this leads to the loss of the deposit during sudden price surges.

The problem can be solved through leverage and dividing the deposit.

For example, you close a trade at 5 points of loss or 10 points of profit.

Trading with 100 dollars and a volume of 0.2 lots, you earn 20 dollars from one transaction or lose 10 dollars. But, without a stop loss set or not triggered, the maximum loss can be $100.

Let's try to use only 20 dollars in trading, and trade with the same volume.

As a result, you can also close the deal with 5 points of loss, but in the event of a gap or just a sharp jump in the trend, you lose only $20.

At the same time, you do not need to bother with stop loss and at the same time, the technical side of trading does not change at all. This approach can be used with any deposit size, for example, having 500 dollars, store 400 in a separate account, and trade only with 100. • Flat

- as a convenient time for opening transactions, the width of the flat channel usually does not exceed 10-15 points, which is quite enough for pipsing.

Therefore, it is not necessary to be tied to one trading instrument; it is easier to find a currency pair with a small spread , which is currently experiencing a flat.

• The system for opening trades is the simplest option, trading on movement, first we open a minimum trade and analyze how many points the trend makes forward and how much it rolls back.

Based on the data received, we build a profit and loss plan and open a full-fledged transaction. • Rest is secret number one, do not trade for more than an hour, even if almost all transactions are closed with a profit, after an hour of trading there should always be a 30-minute break.

And of course, secret number one - try to overcome your greed and do not immensely increase the trading volume at the expense of the profits received, withdraw the profits by creating a reserve fund and thereby giving yourself a chance to recover in case of failure.