DislikedAnyone know where Euro will go from here? I'm still holding my 5 full lots short @127.50 for couple of days now and in big loss, waiting for news that will either loose me my shirt or hopefully let me recover some money back....please someone tell me what will happen? i did not sleep all night and dont know what to do as im already in big loss and if euro move up another 150 pips i loose everything and my account blow up and no moreIgnored
Clearly you are new, trade small this isn't a get rich quick scheme. You have to work on a balance of probabilities..
Trade with small positions to learn, dont go maxing it out on 5.00 leverage, use 0.01 on every trade so even if it does run against you, although it is a bad habit, you can forget about it and continue learning on new trades.
Of course when you decide to trade standard lots you will need stop loss and everything like that.
Anyway just my 2 cents
Even the worst trade can close with profit. Just give it time.