they really do seem to for me. AUD/EUR was just fantastic during that whole crisis move, smooth as a baby's bottom bad when you're on the wrong side like I have been in audjpy
I don't really like it, but the market forced me to do it. I had to go short CHF/JPY If you're a Martingaler like me, you also need to add to some winners Like my old man always use to say, "You can't do one without the other."
I pick a currency that I either believe is going to chop or trend. Then I try to play both sides of it. I'm almost always underwater In many cases I'm betting a hundered dollars just trying to win a dime although I'm new to forex, I've been trading a long time that's why it always cracks me up when some kid comes up with a rule but yes, for the most part I am chicken shit scared, and always looking for a way to slow my loss back in the old days it was fun, but I don't know what ever happened to all the bold traders
Laugh if you want, but I do have one rule I learned at an early age when I had less than 2k committed to a bad hog trade, and that is, "Never spread a loss." Now, we have a few crazy rules, like we never mix milk and meat, but all of us occasionaly eat a peperroni pizza or a cheesburger But that's one thing me or my family will never do "Never spread a loss" Thanks boss, that was good advice (not only did he give me the advice, but he wouldn't let me put it on)
They all finally retired, or 2008 caught them over leveraged and over positioned. Ultimately tho, I think they just got greedy. Bulls, bears, and pigs.