I placed a manual sell half way down on this one as it looked like it could hurt. Will close that at zero profit if it climbs back or use it to reduce losses. But even if this is a SL, we know this doesn't happen often. Hopefully no one is too exposed.
forex_brain posted: I placed a manual sell half way down on this one as it looked like it could hurt. Will close that at zero profit if it climbs back or use it to reduce losses. But even if this is a SL, we know this doesn't happen often. Hopefully no one is too exposed.
I just dont like the idea of losing a £1000 in one quick swoop
fxtrader10 posted: I just dont like the idea of losing a £1000 in one quick swoop
I agree. And last night we had three trades open at once, which upset my exposure strategy. I thought it would be a max of two open at a time. But two of those were closed near even (phew). Fingers crossed this all works out, otherwise a rather good month of trading for me looks like taking a loss.
don't over leverage yourself.... and if you are going to, then be prepared for these huge hits, it's part of the strategy. If you want that high accuracy, your SL is going to be way bigger than your TP.
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