Frankly I am disappointed with myself....totally screwed-up for my forex trades as I lost about 3/4 of my total profit in my fund in just two days of trading. Why? I didn't put in a stop-loss for my trades becoz I felt USD/JPY and USD/CAD were already too low to fall lower. But they both did so....until I gave up on Thursday and kena stopped out. Then when the non-farm job data came out....I still go "long" for USD/JPY but didn't do a thing for USD/CAD. Yes....USD/JPY continued to fall while USD/CAD "fly", worst I kena stop-out for both my "short" trades for EUR/USD and GBP/USD.
Well...back to the drawing board!
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About Me
- wINtoTo N aLSo 4D...yEAh!
- tO hAVe FuN wiTH mY liFe aND aLsO wAnT mY loVED oNeS tO hAVE tHE SaME tOO. :) bUt iN rEAL LiFe tHaT sHouLd bE sOOn.
10 comments:
silly mistakes....really! just cannot leave out the stop-loss for any sort of trading in future.
I burnt my fund when I did the same thing for my CFD on HK stock esp for SMIC. Guessed I didn't learnt my lesson well. sighed!
May have to remind myself of the basic trading rules.
wah pan....nice skin la!
The problem is you, the issue is not a stop-loss
well, it is all a game, you win some, you lose some and you learn a lot of lessons along the way.
You just lost of your total profit - YAWN. I can't believe these kinds of things really happen
Usd/jpy and usd/cad is one of those issues that features key greatness, and that involves experienced ministership on
Trading is something that best seldom be managed devotedly by you
I get the same problems frequently. I am so sympathetic to you. Good luck with working this issue out...
Giving on thursday is a top-notch idea
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