Strange. I have no idea, if I'd rather see EUR stalling where it is some more, so I could be there to place the short on double top, or falling rapidly towards its destiny, so my present shorts turn profitable and I stop getting under too much stress
ntrpz: Yeah, I know the feeling - since I told anyone I make more profit in FX than for a month in my job, I lost twice as much.and when I was getting above my initial deposit and said to anyone that again I am on the green side - I got punched hard on the red side. But I am not sure if that are FX gods, or just we are getting too cocky about what we managaed to make and enter foolish trades. Or start panicking when sth goes wrong and begin to lose much more (as I recently after announcement that started the correction). Perhaps that is the main advantage of tight stop loss - even if you panic, they don't. Unfortunately, I still did not lear to recognize good entry points, and therefore if I place a SL it gets hit easily. Need to learn more.
ntrpz: Yeah, I know the feeling - since I told anyone I make more profit in FX than for a month in my job, I lost twice as much.and when I was getting above my initial deposit and said to anyone that again I am on the green side - I got punched hard on the red side. But I am not sure if that are FX gods, or just we are getting too cocky about what we managaed to make and enter foolish trades. Or start panicking when sth goes wrong and begin to lose much more (as I recently after announcement that started the correction). Perhaps that is the main advantage of tight stop loss - even if you panic, they don't. Unfortunately, I still did not lear to recognize good entry points, and therefore if I place a SL it gets hit easily. Need to learn more.