Hi everyone,
GBP/NZD gap trades just closed, for combined total of
490 pips. That was the last of trades on 6 pairs altogether. So a great couple of days when there all closed in a day and a half.
dmc - A little bit of advice which I learnt from a 25 year proffessional trader, and that is that it can only take one mistake in forex to wipe you out. Proper risk and money management practices are absolute musts if you want to stay trading forex for any length of time.
So what I'm really saying is that forex should never be the place where anyone should put there house on anything. There's no such thing as a sure trade and the high leverages in FX trading create huge risks if and when things go wrong.
Sorry to sound boring but having almost lost my whole account once (not my fault btw - the Pro trader was responsible), I wouldn't wish it on anyone. IMHO you can never be to cautious in this game.
Cheers P
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