dingo.forex

Alright, here's the results for the day. As I stated I made a good EUR sell for about 16pips. After that I had an open position on the Yen which was making me worry so when I hit 2 pips over my Sell price I got out. So +2 pips on the Yen. And then to polish off the day I ran an overnight sell on the EUR, got in at 1.1915 and got out at 1.1874. A very nice winner. As a total I made +59pips for the day. Just in case you're wondering, my leverage and position sizes on my $3,000 account brought me up roughly $1,000 for the day. My goal recently has been to apply the basic fundamental that you must know when to ride out your winners, but also be disciplined enough to cut your losses on the losers. I will try to avoid ever riding out a loser in hopes that it comes back up. It's a losing strategy that's wiped out many a people's trading accounts.