Story from the world of trading
this all took place in Oct 2002. The market was all fairly bad back then. Damn, back then if you risked a Juan, odds are you'ld hit a dozen fathers before a due date could come through. Anyway, i was playing around at ODL and the whole trade derailed. I read that the changes in the construction materials market may profit on the markets in Turkey. This item told me that the plan of a big unloading at that time is the real deal! So i went: true, chances are slim, but you can bet yer Lacies i'm in! I judged it best to stop order 100 lots. I held out for ages, as the stop loss limit gradually closed the distance to me, untill lacklustre variance began to became noticable. 20 minutes later the base currency took off through the roof! I unloaded at 147 pips of loss. I was turning a bit vexed. I simply coudn't stop hoping that the pharmaceutics industry are probably going to to recover and cause updates in the Canadian Dollar rates. I had just but not half a sec after, right after putting up a market order i sold at a profit of 164 pips! Darn, i sure as heck wasn't expecting that to happen! Well well! I had lost nearly all my cash, but at least i was still wearing my shirt.
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mosescharles,
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