Friday, August 29, 2008

Trade triggered

Long 3750 EUR/USD at 8:34a.

Trade gained about 7 pips, then immediately started going against me.
Original stop was 1.4709. Moved it up to 1.4719.
Trades that do not start producing profits from the get-go do not get rewarded with 'room to run'.

Current closed equity: $111.25
Current position: Long 3750 EUR/USD
Current exposure: $12 or 10.79%

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