Replies to post #27521 on FOREX TRADERS

[SherriT]

I agree with you...that is why I kept averaging down down here, but I really should have had a tp order in lower than what I had and taken advantage of the bump earlier this week. Then I could be re-entering here and making money instead of trying to get out of a loss.

Just didn't play it right, but learned another lesson I suppose. You don't necessarily wait on it to come completely around. Playing with no stop losses works for me about 99% of the time, but it is a trade like this that gets me.

[Chiron]

First Take Profit hit on U/J, 2 standard lots at 9225. Ahhhh feels good.