Forex Tool Shed TM Trade Manager

[Bugerere7]

Hi,

I am new to trading and very hard to really find time because of work, but I squeeze in an hour or two whenever possible. I am trying out LMT system but struggling so much with stoploss, trailing stop, take profit, and so on. As a result, I have lost money on my demo account. But, I have read about the tool shed trade manager and all sounds cool. Now then, would you recommend this to a student at my stage of learning? Are there some videos or lessons that can help? Please help. Thanks.

[capsmart]

Hello Bugerere
The Tool Shed is a tool that will manage your trades once you know what you want. If you want it after 60 pips to move your stop loss to break even and close 30% of your position it will do it, but it will not tell you where to place your stop loss or when it is time to take profit.
Here is a link that will give you an idea about the tool shed
http://www.forextoolshed.com/tm/TMvideo1.htm