ya i had a stop but the the the pair was moving so quick i remember seeing it uptick by 100 pips LOL crazy stuff that was
you must not have much experience trading- if you did, you wouldn't make such a statement. i had a day in october when the currency took off (not a fed day or anything one could plan for). i got fucked for about 100 pips over what was a wide stop- $72m gone in the blink of a fucking eye. was in the EUR.JPY (and, yes.... i was trading WAY too much size. was 'sure' i was right- famous last words in trading. it's totally fucked up my currency trading- seriously traumatized. went from too much balls to none now when trading currencies. in fact, when trading currencies, i actually grown a vagina temporarily- not a pretty site...
amazes me how many who trade have no background in money mgmt, acct or the like. if you did: m= 1,000 mm= million nobody in the business uses 'k' btw, if it were mm, i'd prolly be in a better mood- it would mean i had $72mm to lose!
I'm not from the USA, but you're telling me that you use m = 1000? I use k =1000 like what the other poster said.
LOL ....... It's from sitting on a hard chair. I recommend a pillow and Vaseline. Apply lots of Vaseline in a circular motion.
I realized "mm", it's just rare to see singular "m" used, my mistake. For the record, I was an accountant for a couple years after college, but I absolutely dreaded it. I guess it goes to show.