Thanks for your kind words Cyclops ;o) I'll deal with you on...

Thanks for your kind words Cyclops ;o) I'll deal with you on TNO................lol

This is one of those very rare occasions where I took a higher risk trade outside of my normal parameters due to a perceived once-off attractive reward/risk ratio which it undoubtedly had and/or to trial something different. I do this very rarely and at all times know the risks involved and as always followed my normal exit rules...............what happened with TNY was however a product of a different entry strategy that I was trialling.

I feel the best way to learn is by getting your hands dirty and every now and then when I feel something is worth trying I do it real time..........this one failed. One loss can't ruin the results of the last 6-12 months............yes even I lose one occassionally LOL (as you say...........there goes my reputation). It's a case of live and learn and onto the next.............or more correctly back to my normal strategy (and sleeping well).

Cheers,

Ed.