Tuesday, March 10, 2009


The entry was late and risk was taken on the first trade, price went to -10 and then again up.

1 comment:

Bihari said...

We need to be very careful that we don’t risk our whole account for few pips, as often we get into mindset where just to collect 10-15 pips, we end up losing 50-100 pips, so that’s where use of stop loss is crucial and we need to be certain on the trade before going into it. I always work with extra dose of freedom thanks to OctaFX broker’s mighty rebate program that brings 15 dollars profits per lot size trade including the losing trade as well.