nice fishing today.
Thursday, January 22, 2009
this is my first trade for this pair in the year 2009. around 9pm local time, the pair went rocket high and triger my TP. if only i juz let my profits runs, mayb the pips could go 150 or beyond. but i stick with my tumb of rules. everytime before i open a position, i make sure that i know where is my entry point, stop loss level and exit point. and i will make sure my RnR ratio- must be at least 1:2. 1% or money management with position sizing.
erm maybe i would explain details about my money management the next time i post.
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