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Late entry gives a risky trade allways. The trend was strong and gave finaly this profit. I moved quickly stoploss close behind the price to keep the gains and that paid off.Monday, January 26, 2009
A risky one
Late entry gives a risky trade allways. The trend was strong and gave finaly this profit. I moved quickly stoploss close behind the price to keep the gains and that paid off.
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Although certain level of risk is always present when it comes trading, but if we plan well and have good money management to go with then the risk factor can definitely drop off and that’s what we really need to be looking at. I work with OctaFX broker and with them I get a lot of support due to the lowest spread in whole industry of just 0.2 pips while they also offer us ECN accounts which we can operate with just 5 dollars investment, so it’s really perfect.
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