Report this content as inappropriate on the site:

Answer:

You can limit whipsaws by trading on a higher time frame. Trading on a higher time frame means that you have to widen your stop and profit triggers. Though trading on a higher time frame also limits your potential to profit by foregoing the initial spikes in prices.

Author: ForexGump

Type of Abuse:

I think this answer violates the community guidelines.

Chat or rant, adult content, spam, insulting other members
I think this answer is illegal.

Harm to minors, violence or threats, harassment or privacy invasion, impersonation or misrepresentation, fraud or phishing

Additional details (optional):

What happens next?

If one or more reliable members of the community report this answer it will be removed.

Sign In

AskPips.com