Thursday, October 9, 2008

Half size

Spread is big, market is funny, trades were half size.
First I found nice scalp in eur/jpy.
Than I tried to pick up bottom in eur/usd because all the weakens was based on jpy pairs movement. I let it loosely counting on profit from earlier trade. Finally when I get bottom I exit prematurely.
+13 full size pips


4x For Life said...

I have always wondered just what the hell a full size is? 1 lot?

FX said...

Hehe, I will let you wonder.

Full size is the size that I trade let's say current month. It's based on leverage that I want to use. Right now it's leverage 1:4. At Oanda I can chose whatever size I want to use it's not restricted to lots.