 Feb 9-13 Results
Well, the short trade entered on Mon Feb 2nd is still active. Since the EURUSD has been trading in a wide range, the trade is still open. The price has been peaking down but it bounces off the support level and back up again. Right now, this trade is just shy of 200 pips from my entry. Meanwhile, the trade is accumulating lots of negative rollover fees since I am short.
I have been thinking that lot size I should be trading with the recommended 500 pip stop should be a lot smaller to keep my risk in line. If I was to trade a lot size in line with that wide stop, the profit from each trade would be so small that it would hardly pay for the FAPTS membership.
Rick |