Guys,
Look at the pic, you would know what I mean. 280+ pips since morning but how do I lock them ?
What methods if any have you guys been using. I know Trailing SL is one but that cannot be the answer to protecting your account equity which is a combined sum of all pair movements and not just one. This is the second time in the day I have managed to see them go up by 250+ pips and it is quiet possible in the next few hours it might all go below 100+ pips again.
Can we have a basket hedging order when the equity falls to protect it or anything like wise. Come up with your thoughts guys. I would hate to loose this amount and I am too greedy to book profits at this point. No psychology lectures please.
Look at the pic, you would know what I mean. 280+ pips since morning but how do I lock them ?
What methods if any have you guys been using. I know Trailing SL is one but that cannot be the answer to protecting your account equity which is a combined sum of all pair movements and not just one. This is the second time in the day I have managed to see them go up by 250+ pips and it is quiet possible in the next few hours it might all go below 100+ pips again.
Can we have a basket hedging order when the equity falls to protect it or anything like wise. Come up with your thoughts guys. I would hate to loose this amount and I am too greedy to book profits at this point. No psychology lectures please.