Eur/Usd Sudden Spike

Discussion in 'Forex' started by globalfxllc, Apr 30, 2004.

  1. I respect your concept of your thought regarding your need for a stop loss.

    But, consider this: Many times the price will move, snap out your SL then head into the direction you wanted it to move in, yet you are already out of the action - thus you have LOST what is most critical to trading survival - profits.

    Continually losing profits is crippling. But it is what most traders do. Most traders ultimately lose though.

    Do you trade forex?

    Best regards,

    to
     
    #11     May 1, 2004