DislikedHey Low,
You actually have these three trades going at the sme time. Just wondering why you would magnify your risk trading both GBPUSD & NZDUSD......the correlation between these two pairs is very strong.............anyone agree with me..........unless you have some serious account or you are demoing.....................
CheersIgnored
Curiously though, each trade was taken on it's own merit, and has it's own plan, and I may just leave them be.
As far as risk goes, mostly I risk 1%, sometimes less if I'm not super thrilled about a set-up, so at worst I was in for 3%, but all my stops are at BE now, so it's 0%.
Here's a question for all of you: I'm comfortable with 1% risk, no "scared money" = no dumb decisions, but when trades go a fair bit into profit, it feels like it has become "scared money", because I don't want to see the unrealized profit taken back.
Maybe I need to go through each plan, and contemplate exits.
Any thoughts would be appreciated.