that stop happened quick, switched to short aud/usd@8107 stop@8130 target@8057.
Ivan's Trade Thread
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that stop happened quick, switched to short aud/usd@8107 stop@8130 target@8057.
Some great trades in this thread!
I don't want to divert the thread but can I make a quick couple of observations, feel free to tell me to mind my own business
I've tracked a few of these calls and see quite often a trade turn profitable and then get stopped out for a loss, have you maybe considered moving stop to b/even after x pips, or scaling out when things don't look as perfect as they originally did?
A couple of good example are Ivans great short Aud/Usd at 8200 which he admits he came out of early, wouldn't it have been better to maybe take just half off and move the stop on the rest to break even, it would have hit your target.
And PProphet's trade, a good short Aud/Usd from 8107 which went into profit over 30 pips more or less straight away, now it's 7 pips off your stop, would it have been an idea to move stop to break even once in profit by that much?
Just constructive comments, certainly not meant as criticism as you guys are traders, as I say feel free to ignore it.
Good trading all
I don't want to divert the thread but can I make a quick couple of observations, feel free to tell me to mind my own business
I've tracked a few of these calls and see quite often a trade turn profitable and then get stopped out for a loss, have you maybe considered moving stop to b/even after x pips, or scaling out when things don't look as perfect as they originally did?
A couple of good example are Ivans great short Aud/Usd at 8200 which he admits he came out of early, wouldn't it have been better to maybe take just half off and move the stop on the rest to break even, it would have hit your target.
And PProphet's trade, a good short Aud/Usd from 8107 which went into profit over 30 pips more or less straight away, now it's 7 pips off your stop, would it have been an idea to move stop to break even once in profit by that much?
Just constructive comments, certainly not meant as criticism as you guys are traders, as I say feel free to ignore it.
Good trading all
Yes, it would have been better, and I'm kicking myself on that one, but hindsight is always 20/20!
If I can think of an obvious facet of my trading that I am working on constantly (that has improved dramatically in the past few years) it's that I pull the trigger too early on taking profits.
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