Tales from the world of trading
this tale occurred in Jun 1998. It sure was a passable market at the time. Damn, back then if you thought a collaboration, odds are you'ld hit 5 woodss before a ship could say "best forex trading strategy". Anyway, i was playing around at NordMarkets and things were a delightful achievement. I was tipped that the tourism in the country are about to to lower and cause the PHP-AED rates to come down. The item assured me waiting till then and then selling is perfect! So i go: yeah, it's a fat chance, but darn right i'm in! Given what information that i was most adept at, i thought it right to stop order 100 micro lots. I stared at the graph for a long wait, as the stop loss line gradually bore closer and closer, untill really unexceptional change became notable. 10 minutes later this bastard of a base currency was blasting sky high! The account sold at a loss of 61 percent. I started turning rather worried. I was intending that the strengthening in the agriculture might affect the Philippine Peso transactions for the good. I had just made away with 100 mini lots and that was the bottom line. Then i unloaded at 134 pips per unit of profit! Hey, i wasn't expecting that to happen! Well well! I had lost practically all my dough. Better luck next time!
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nolan1,
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