Entered a choppy market whithout stoploss. The pair changed direction immediately after and forced me to close in catastrophy at the top of retracement. Result :-35 pips!...
Wednesday, March 5, 2008
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Entered a choppy market whithout stoploss. The pair changed direction immediately after and forced me to close in catastrophy at the top of retracement. Result :-35 pips!...
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The worst possible thing to be doing is to add stop loss without any proper reason, it is the reason we end up in losses, so if we want to be successful then we must look towards using stop los wisely. I am able to use it much better due to my broker OctaFX, it’s a really honest company and having such broker means I can trade using stop loss easily, it never manipulates as they are a true ECN broker, so having this type of broker is awesome.
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