tmanbone wrote:I see four of us over leveraging, my self included. Retireme is comming along nicely, nickfury too. newschool and jahjahblessed are hanging tight with minor losses; tells me MM is key. This is great education, enjoying every bit of it. Thanks,
Hey tmanbone,
things are not always as they seem. I calculated that the Eur would have a slow day going down against the Usd and left the trades running when I went to work. I checked it a few times and sure enough, it was doing just that for most of the morning. However, during the mid-afternoon (Perth time) I started to think that the downward slide had finished and my drawdown was looking pretty sick. I spent the next hour watching it rise on MT4stats as I cannot do anything from work. I could take it no longer and hotfooted it home to halt the slide. By the time I got home, the Eur had changed again and continued its downward spiral. So yes, things are coming along nicely but today I brought my PDA with a MT4platform to work so that if it happens again, I can at least close the trades.
Cheers