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Stop Playing around
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Member Since Nov 02, 2011 57 posts
Ken (TheForexFox)
Nov 30 2011 at 23:03
Yea- but now you know why I'm still demo trading, Hahaha
Trade the plan that works for you!! |
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Member Since Feb 07, 2011 560 posts
PipGnostic (TheCyclist)
Nov 30 2011 at 23:28
(edited Nov 30 2011 at 23:35 )
Ya well. I also traded through that and my accounts hit new highs.
What was your intended trade? Euro or USsd, see that move was Eur. Had you had a diversified USD position you'd have survived. But you had a EurUsd which is both a Euro and Usd position with to big a trade on it. Trade sizes, diversification. Risk management, you could use a hedging order as a stop in a different pair. Using an actual stop is pointless. But of course to hedge properly you need to understand trade values and so on... It's really not about where you put down the trade. It's about everything else...which is much more than a stop. Show me your pips!! |
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Member Since Oct 18, 2011 39 posts
tyler (tylerbose)
Dec 01 2011 at 03:27
hi ken , why don't you use scrips to trade ? that would be safer , no matter what happen you will have your sl already set you can also put a trailing stop in it
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