Wednesday, February 4, 2009
So far so good...
Since my post 2 hours and 43 mins ago, I've closed out 2 orders, both with small pip earnings. I think that this strategy is frowned upon by many experienced traders, because the concept itself sounds stupid. However watching the market, I feel that it is easier to close an order when you see the currency spike a certain way, then to actually place one. This may be due to that anxiety I was talking about. Hopefully this experiment proves successful and I walk away with the ability to place trades without stressing as much.
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