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PERPETUUMMOBILE (PERPETUUMMOBILE)
Jun 10 2016 at 09:01
136 inlägg
Silk posted:
I bought EUR/USD, I am loosing, shall I sell please?


where is your stop loss?
this is the crucial question.

"a little bit of knowledge is a dangerous thing"
Silk
Jun 10 2016 at 10:11
41 inlägg
I dont no how to set stop loss, please help me

stian
Jun 10 2016 at 10:14
325 inlägg
Well, if you bought around 1.13 you are fine. If you bought around 1.14 you should've sold a long time ago.

PERPETUUMMOBILE (PERPETUUMMOBILE)
Jun 10 2016 at 10:28
136 inlägg
Silk posted:
I dont no how to set stop loss, please help me


There is one very simple rule in trading...
'if in doubt - get out!'

Another rule is... 'never trade without a stop'.
Another rule is... 'never move your stop farther from the entry price'
Another rule is... 'always calculate your lot size according to the risk you're willing to take'
as opposed to just guessing or random selecting.
Another rule is... 'never let fear or greed take control of your trading actions'

Most amateur traders are controlled by these emotions - hardly any of them will admit it.
It's the macho/ego that they are controlled by.

FOLLOW THESE SIMPLE RULES and your chances to be successful in the trading business are much greater.

If you don't know how to select SL and how to calculate your lot size (extremely important), then read some of my old posts where some of it is explained.

"a little bit of knowledge is a dangerous thing"
HalleyFX
Jun 10 2016 at 14:10
83 inlägg
you can buy at this point now...

But like Stian said if you bought around 1.14 it would be a disaster

victoriajensen
Jun 10 2016 at 15:48
1117 inlägg
The move to the downside continued today and EUR/USD reached 1.1270 as I thought it would. If it breaks below that level next target is likely 1.1200.

csc2009
Jun 10 2016 at 22:28
834 inlägg
victoriajensen posted:
 The move to the downside continued today and EUR/USD reached 1.1270 as I thought it would. If it breaks below that level next target is likely 1.1200.


I agree, the pair extended further south, hit fresh one week low, next target would be at 1.1200 level.

Ari Goldman (arigoldman)
Jun 12 2016 at 12:45
907 inlägg
Bearish on this pair.

HalleyFX
Jun 12 2016 at 15:33
83 inlägg
HalleyFX
Jun 12 2016 at 16:32
83 inlägg
Deepest condolences to the victims & families of this disgusting & cowardly attack in Orlando.



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