Sunday 21 April 2013

19/04/2013 GBP/CAD long (win)



This trade pissed me off. Here's my entry chart (click to enlarge). Risk on this was 1% of my account.





and here's the exit chart.


So what did I learn from this trade? If you see a signal that the trade may not work out, take action! Don't just hope for this best like I did. People don't like to take a loss and because I didn't want to take a smaller loss I held on and in the end took a full loss. 1% of my account. 



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