I think that I'm holding a grudge against myself because of my recent blow up so I needed a little punishment. I had nice trade in the direction of trend. Then I tried to pick a bottom which didn't play out well. With averaging and not letting myself to close in a loss I managed to make healthy loss.
-54 pips
Friday, November 20, 2009
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4 comments:
looks like you averaged that one a little too soon. at least you did not give up.
I shouldn't average at all, especially not like this.
when you average in, do you use market order or limit order on 2nd entry?
I use market order always. But I don't want to average at all. So when I average that means I'm not doing things by the plan.
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