order filled and sold another 2 lots 1.1404 ... Average now: short 10 lots eurusd 1.1394 ... trading 04, usbl margin 50.797
Vitor How would you make use the usbl margin 50.797 (as a safty factor)? Do you usually have a stop loss target? How about this particular trade? Good luck!
I warned him this could happen. Avaraging wouldnt help...stop is a must... In the end of the day, we all make mistakes, and we all should learn - even those who are long time trading. Victor, you were holding 16 lots - its 1.6 mio position with 60k acc - it is suiside. You were about 26% unrealised loss ...way too risky, my friend, taking in account that you made less with this aproach till now. I hope you'll get good retracement to cut losses. There is good chance euro to retrace. I belive we can get range of 1.12-1.16 (roughly). So I hope you wont get big loss. Good Luck, everyone.
If he posts, or just disappears. According to his system, I'm guessing he's short far more than 17 by now -- maybe 30 or more??? Maybe he's fully leveraged??? Is this a real account w. $50,000 or just play? I hope for his sake it's not real.