Monday, September 05, 2005

may be I'll learn one day

Stopped out -30

Trading against the trend...

// posted by Magpie @ 8:43 pm
Comments:
Hi Magpie,

I enjoy following your blog. One suggestion I have is to have a bigger stoploss for GBP as it is so volatile, and reduce position size so amount at risk is still the same. I use a minimum of 45pips as I found I was always being stopped out with smaller stops.
# posted by Anonymous Anonymous : 11:33 am
 
Hi Kitty, thanks for the interest! My risk tolerance for my strategy is about 30 pips as 45 is just oo much for the way I've worked my risk out out - however I am seriously looking at (tonight) going back and looking at the a move up to 35 pips SL as getting stopped out by 1 or 2 has been ocasioanlly very annoying.

cheers

Magpie
# posted by Blogger Magpie : 6:29 pm
 
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