News Focus
News Focus
Post# of 42562
Next 10
Followers 12
Posts 1907
Boards Moderated 1
Alias Born 04/14/2005

Re: Worn_Buffet post# 23858

Thursday, 09/25/2008 12:38:51 PM

Thursday, September 25, 2008 12:38:51 PM

Post# of 42562
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 !

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now