Trade up by more than 900 pips. Locked in another 100. This trade has been open for nearly a week now. The losers tend to be open for hours or sometimes just minutes. Take a small loss quickly and let the winners run... that's what it's all about.
Current closed equity: $28.84 (Carry still eroding value... big deal.)
Current position: Short 750 GBP/USD at 1.8566
Current exposure: +650 pips locked in, +$48.75 or +169.04%
Wednesday, October 1, 2008
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