Wednesday, November 9, 2011

Bad timing on an easy market

The trend was strong and gave easy pips on the bwginning. Then, on the last two trades, a considerable risk was taken as I refused to close on the correctice moves, precisely because (I felt that) the trade was strong. This is the perfect way to get a -30 on the face, on a very fast retracement...

1 comments:

Anonymous said...

Riskyyyyyyyyyyyyyyy.. lol

Constantino, how do u manage ur risk?
I mean like, trading with specific risk earlier in the day and later risking more (risking the profits earned during the day);
or set % of position size per trade..

Keep well..!!