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Thursday, January 12, 2012

The disastrous $EURAUD long #trade defined #FX


To whom it may concern (sounds like a will huh? LMAO)

I now have 13 lots total tied up in this EURAUD long trade gone bad..

Last 6 lots were purchased at 2x 1.2583, 2x 1.2313 & 2x 1.2303 and average buy now sits at 1.2687 IF I can avoid panicking & shooting for B/E I might even make a few pips on this yet ;)

My theory is, and I do this some with equities, if you trade SMALL enough you can fix anything over time!

However I do NOT recommend this style of trading ;)

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