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Yesterday I being stopped out again. Total earning is 60 pips. This is because I trail my stops too near. This is the dilemma, Trailing nearer give less risk, but easier to get stop out. Tailing far giving more risk on loosing pips, but can yield bigger reward. The graphic here show my entry, and the point i being stopped out. If i have stay in the trade, the income would have doubled for today. Tuesday, 16 November 2010.
The way of the renegade trader. There are quite a few conclusions which I can take away from TheRoninTrader Project. I will provide the link to the new trading project in a separate post. Two euro trades closed last week. Daily trend is still bullish therefore I entered.
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