Thursday, August 04, 2005

back to my old self again :( one trade -14 , SL got hit to the pip and the movement resumes....

Posted by spahiu at 9:20 PM

2 Comments

  1. Blogger spahiu posted at 8/05/2005 12:25 AM  
    will try and post from now on...
  2. Anonymous Anonymous posted at 8/06/2005 3:42 AM  
    A few comments:

    sometimes your stop gets hit and the market turns back in your intended direction, that just trading.

    If you find this happens a lot it usually means you are entering your trades either early or late.

    If you can't place a stop loss order in an area that clearly tells you 'If this stop gets hit, I know the signal did not work out' and is with in you defined risk tolerance, then pass on the trade.

    my 2 cents.

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