DislikedFor some reason, I thought you were short with 5 standard lots - like $50.00 per pip.
Imho, hedging can be difficult and it wouldn't be something that I would recommend to you as a new trader. It can actually cause more headaches than it can solve.Ignored
Agreed, I have made some losses but I have read 2 books on forex trading in the meantime - currency trading for dummies, Technical analysis for forex. I learnt some terminologies which, had I knew earlier, would have saved me from this position.
sorry but can you please explain what IMHO is?
thanks