If you took both a long and a short with no S/L on either, when one hits it's TP you will be underwater exactly the amount you just made on the other, and hoping it retraces back so your loss is reduced (and therefore you are in profit).
- #582,302
- Jan 10, 2012 9:44pm Jan 10, 2012 9:44pm
- | Commercial User | Joined Feb 2008 | 7,908 Posts
The finest tool in the world still needs a MAN who KNOWS how to use it.
- #582,304
- Jan 10, 2012 9:56pm Jan 10, 2012 9:56pm
- | Membership Revoked | Joined Aug 2011 | 1,123 Posts
- #582,305
- Edited 10:14pm Jan 10, 2012 9:59pm | Edited 10:14pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
Mohan 
- #582,306
- Jan 10, 2012 10:17pm Jan 10, 2012 10:17pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
Mohan 
- #582,310
- Jan 10, 2012 10:37pm Jan 10, 2012 10:37pm
- Joined Sep 2011 | Status: Minor crosses. Major pips. | 3,701 Posts
Time turns trend. - W.D. Gann
- #582,313
- Jan 10, 2012 10:57pm Jan 10, 2012 10:57pm
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
Mohan 
- #582,318
- Jan 11, 2012 12:04am Jan 11, 2012 12:04am
- Joined Dec 2010 | Status: Foook Bollinger-dr.Kegel knows! | 9,794 Posts
- #582,319
- Jan 11, 2012 12:20am Jan 11, 2012 12:20am
- Joined Jan 2011 | Status: Ordinary Members | 10,684 Posts
Mohan 
- #582,320
- Jan 11, 2012 12:26am Jan 11, 2012 12:26am
- Joined Dec 2010 | Status: Foook Bollinger-dr.Kegel knows! | 9,794 Posts