Worn, about stop losses on overnight position, see if your broker offers a trailing stop, like FXCM.
I have an acct there and one at Oanda.
Overnight positions are in FXCM because i set the trailing stop at 10 and go to sleep, and my daily plays are at Oanda, where the interface is better, i can trade straight from the chart and move my TP and SL lines right from the chart,based on the movement of the pair.
I do have to recognize that my initial $25 to open the acct was almost wiped out, but...from $1 i brought it back to $13, by buying option boxes,specifically the one that miss.
Hehe..i am good at missing.
Now, just waiting for my $100 to clear to Paypal, and would apply the same rules
Andrei, my financial advisor hard at work !
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