2009-12-04

Day 25 "Stop Loss is for Wimps"

Author: Arslan | Posted at: 12:20 PM | |

Yeah right ^^ why protect your capital when you can lose it?! As you can maybe imagine I had "a little" stop loss issue today. Unfortunately I didnt place the stop loss as I went long with AUD/USD because I thought that ill be at the screen in a few minutes anyway. Turnes out the few minutes  became a few hours :/ so I was suprized as I saw that the position lost sevral pips in the meantime. This was a really frivolous move which costed me a big chunk of my profit. I will for sure not forget this one in the future. But to the numbers; In the end I took a loss of -12,36 $ which took me slightly behind my plan.







Targeted Day-Profit: 8,20 $

Achieved Profit: -12,36 $

Targeted Cash Balance: 239,20 $

Current: 227,09 $

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