stop moved 1.2698 (small fcr) just incase this is a serious bottom
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- Sep 8, 2010 7:07am Sep 8, 2010 7:07am
- | Joined Jul 2007 | Status: Learner | 1,363 Posts
We all need pivots to win..yes or not? 13 replies
The System (Irony included) 1,175 replies
DislikedHi Musanto
are you taking profit at 20 or gonna try and ride it outIgnored
Dislikedhave moved stop now to 1.2691 to secure 20 pips just in case of big retraceIgnored
DislikedAttachment
Taken out for +29.
Will try to get in short again but one of my problems is getting back in after decent profit for fear of losing it, i usually end up just watching like yesterday pm.Ignored
DislikedJust wondering if anyone kept far enough out of the heat on this trade and are still in ? looks good for further southIgnored
DislikedGood example !
I have tried to manage like yours,
but always regret, to the money left on the table.
Many trades went to +20-30 pips, when I was not took it.
It moved back and hit my sl -5
and gave me a total lost for that day.
With my attitude like this,
I manage to collect +200 pips/month
I'll try again in next trade, who knows, I can increase my monthlyIgnored
DislikedThis is very encouraging to see that you have good profit with 20 pip TP.
One reason I try to catch runners is I'm still struggling with expectancy about when to move stop so initially i spread my risk over fcr top to bottom and tend to let it take me out, how quickly or for what criteria do you move your stop to -5
thanks
ChrisIgnored