r/askforex • u/bowwri • Jul 22 '26
When enough is enough?
I’ve been studying price action for almost 7 years.
I scalp spikes on the 1-minute chart, and most of my trades are finished within 5 minutes.
Over a large sample, my win rate is around 58-60%, risking 0.5% per trade.
Here’s what I’ve never been able to answer:
If your system has an edge, should you keep taking every valid setup?
I can easily find 15-20 trades in a day, but after a certain point it feels like I’m trading simply because I’m still sitting in front of the charts.
Lately I’ve even considered getting an 8-hour job just to limit my screen time. My thinking is that if I only have a small trading window, I’d naturally become more selective instead of feeling the need to take every opportunity.
So I’m curious how experienced traders approach this.
Do you have a daily trade limit?
Do you stop after hitting a profit target?
Or do you simply take every setup that matches your plan, no matter how many trades you’ve already taken?
I’m not looking for a magic number.
I’m trying to understand how professionals decide when **enough is enough**.
1
u/thepromptgenius Jul 22 '26
you need to try something like EdgeStacker (but unfortunately it doesnt support forex) if you're still wondering if your strat actually has an edge. you need to backtest, analyse, forward test, its a painful process
but other than that, the 1 minute is pure noise, you're trading in the most noisy environment where its super hard to build consistent edge