Nothing can be done about that. There is no point in keeping a short and long position open forever. You have to make a decision sometime, Long or Short.
oh....maybe illiquid was talking about choosing the one side that was profitable...and showing it as proof of doubling money...I see... as far as my post above...there is always a retrace on these moves...so put your TP order on at each side at different brokers...you will get both moves at different times...
I know a few people that got wiped out in Forex. Maybe I don't understand Forex much but just looking at the huge margin it takes to actually make any money with it, to me gives an astounding amount of risk. I do believe you can make a lot of money but you can get wiped out with just one bigger sudden move of a few percent due to the whopping margin required to make anything. Am I wrong?
no limits,no stops ,will close at any time i want,trading size 50 minilots(500,000) will sell at open today gbp/chf,usd/chf,usd/jpy buy at open eur/usd,gbp/usd --------------------------------------------------------------------------------------------------------- entry orders sell gbp/usd 1,7521 1,7649 1,7695 cad/jpy 104,41 usd/chf 1.3116 1,3190 1,3280 usd/jpy 119,33 eur/usd 1,2027 gbp/cad 2,301 buy gbp/cad 2,001 usd/chf 1,2675 cad/jpy 97.80 101,57 eur/cad 1,3570 usd/cad 114,95 eur/usd 1,1763 usd/jpy 115,67 116,05 116,65 eur/jpy 139,09
That is your total trading size? or is it per execution? you have doubled it since you posted last, as you explained that you would use 50 mini's on 100k...? Should I double everything you say Good trading to you double...but you are too heavily exposed in my humble opinion...this can be a roller coaster ride and you explain that you want to trade opm in another thread....accredited investors and funds will not stand for too heavy of a drawdown, and you said your max is 10% on an average holding time of three days ????
Your crazy...but I will watch and TY for this Journal. Even if you make it, I would never trade like this... Michael B.