[quote=The Fool;3044173]Hi DarkDays,
Hope you are doing well for you.
Sad to say, but I am in the middle of a f*cked-up trade that is threatening to blow a big hole in my account. Short on the E/U, overleveraged, tried to average out of a loser, same old shit I've done before. Strayed from the path. I'm definitely not ready for prime time. Will chronicle it here as the deal goes down.[/quot
Sorry to hear that...I have a short on the Aud that I am sucking the lemon on atm and it is sour (or I am sour lol)....my take on S/L is to put in a stop that I call a bushfire stop which I do not expect to be hit but is there as a safety valve...if a trade is not going or looks a bit dodgy I am out and kill it as soon as pos to save some pips.....the mantra..... use cap,build cap,protect cap....no questions asked.....cheers
Hope you are doing well for you.
Sad to say, but I am in the middle of a f*cked-up trade that is threatening to blow a big hole in my account. Short on the E/U, overleveraged, tried to average out of a loser, same old shit I've done before. Strayed from the path. I'm definitely not ready for prime time. Will chronicle it here as the deal goes down.[/quot
Sorry to hear that...I have a short on the Aud that I am sucking the lemon on atm and it is sour (or I am sour lol)....my take on S/L is to put in a stop that I call a bushfire stop which I do not expect to be hit but is there as a safety valve...if a trade is not going or looks a bit dodgy I am out and kill it as soon as pos to save some pips.....the mantra..... use cap,build cap,protect cap....no questions asked.....cheers