DislikedNav, here's the thing... If you exit a losing trade, wait for the pair to turn around, THEN re-enter long when the pair is actually trending long, your exposure is reduced, your stress level is reduced, and all you've lost is the 4 pip spread. I think that somebody already mentioned this. Sitting on a loser is very stressful, and very expensive. You have opportunity cost, risk exposure, etc. If your account can absorb the drawdown, then no worries. I learned this lesson the hard way a few years ago. I lost "mid six figures" on a single stock in a very short timeframe. These days, I take the "TEMPORARY" loss, and re-enter my trades at a more logical point. Only the spread is lost.Ignored
£1.50 a point... and no more entries for me ......it should go back up soon 1.97 i think is fairprice guide for its value..cant see the price staying at 1.93 and not going back up..
