peace of mind

Discussion in 'Forex' started by blackstormcap, Jan 16, 2012.

  1. :p LOL:p
     
    #11     Jan 25, 2012
  2. achilles28

    achilles28

    Yes, you're chicken :D Kidding..

    Hold whatever you feel comfortable with.

    For multi-day open trades in the black, I like to set stops well above break-even (50-100 pips). That way, if the market spikes on news/thin liquidity etc, I know I'll get out before it costs me. Big boys use a longer hold period. So it's best to get acclimated to it.
     
    #12     Jan 26, 2012
  3. haha. Some people know how to make good of bad situations.
    We are glad to be profitable independent traders - with only the market as boss. Obviously, you are an unfortunate example of someone who didn't chose well. Thank you for letting us learn from your mistake :D
     
    #13     Jan 26, 2012
  4. thereikid

    thereikid

    You are quite brave my friend. Its funny how I can manage money for people and sleep well but my own I take special care. The market is simply investor sentiment.
     
    #14     Jan 30, 2012
  5. having the priorities right. :)
     
    #15     Feb 1, 2012