This was on GBPUSD @ 0715 hrs on 23 april. Entry @ 1.5363, TP @ 1.5128 and SL @ 1.5480.
BE was set when price reached 1.5334.
Something i learned from the past lost trades and BE trades. I AM BETTER OFF WITH A BREAKEVEN TRADE THAN A LOSING TRADE, ALTHOUGH A WINNER IS ALWAYS PREFERED , A BREAKEVEN IS ALWAYS BETTER THAN A LOSING TRADE. With that said, i will and must diligently push my SLs to BE when it reaches the predetermined value.
Well well BE trade. Maybe i should set to 1 or 2 pips win instead of a BE. :)
Winning 1 or 2 pips would certainly increase you profitable/losing trade ratio ;)
ReplyDeleteThanks, FFXD. I had 5 breakeven trades last week, that is why i came up with this idea and i am going to try it next week.
ReplyDelete