The Pound has broken down very nicely in the last few minutes. Now that I'm up 2x the amount of pips I risked, it makes sense to go ahead and move the stop to the entry. No sense in letting this big of a winner turn into a scratch.
Current open equity: $350.50
Starting equity: $269.56
Current position: Short 2,384 GBP/USD at 1.4976
Current exposure: Locked in +$21.65 or +7.5% of Starting equity
Friday, November 21, 2008
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1 comment:
I just saw the comment you left on my blog on 19 November 08. Thanks for that as it shows someone in this world, other than myself, actually reads my blog :-).
I will be following your blog from now on.
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