I don't know how to use a freaky spread to PIP, all the PIP drivers who move the price back and forth earn money with a meager spread. And with a large spread, the drawdown is 10 times more than the win, in General, it's a waste of work. I have InstaForex and I don't use it for pips. Basically, I wait for high or Loy and enter at least 5-10 points, if it does not go, I close it in the minimum plus, and if it goes against me, I wait until the end, then add it and wait until it unfolds. Naturally, a small lot to sit out the drawdown. I only Increase the lot when it's the bottom or ceiling.
Of course like scalping, there is a broker I have a small spread, that's where I pips with a profit mainly eur gbp aud etc. I would like to have a smaller spread for InstaForex, but for some reason it is very large and involves longer transactions.
In General, I have already been pipping for 8 months, but now I understand that the longer you hold the more you can take a profit. A mistake in Pipsing can bring big losses, but the truth is rare.
In General, it is better not to make a large lot on the pipsovke, then you can sit out the drawdown and average it out, than just close it in the negative. The biggest stupidity is to throw everything at once at a close price. Rarely when there is no u-turn in the end. Most often, only the pound goes to the recoilless car and then on special occasions.
The main thing is not to be greedy, more than 3 times the movement is not repeated, so it is better to wait and enter after a while at other prices. In pepsoft and rollback and correction and not understand that is always good. There are different days. Sometimes PIP and sometimes solid trend.
In short, robots are for those who can write and edit them themselves. I think that it is better to manually PIP - so intuition grows over time. It becomes clear and simple when to enter and when not.
In General, with practice comes success, you can practice on the Forex tester, you can use a small lot on a real Deposit. Just at the beginning, there is a chance that quite a few points will be lost, which, depending on the bet, translates into the total amount.
So far, I can do 10% a day without much effort. But for special cases, you can also merge 30% in one special transaction. Only 5% of cases I had a non-returnable price departure from all transactions, so the amount of averaging and the maximum drawdown should also be controlled.
In Forex, people try to earn together and not merge the rest, it's just not always possible to pull the rope wisely. Sometimes pulling is obtained and it seems that they are trying to bend someone. As a rule, everyone manages to earn money, except for those who entered too early or too late. In General, there is no deception, just those who move prices sometimes see profit differently. And so not everything is always in the black.
InstaForex Pipsing profit - it is possible to choose two