![Winning Trades which make no Money]()
This was me today... I put in an order for a buy on the GBPUSD at 16018 or a sell at 15956 with a 20 pip stop and a 40 pip target.
As you can see from the chart, the GBPUSD shoots up and actually goes beyond the 50 pips...
However, I made no money on this trade at all. At first I got really annoyed, an easy 40 pips in the bag and my broker has screwed me over.
I checked my emails and can see that the order was being placed, however, I had forgotten to fund the account properly and t
November 10, 2010
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![Traders magazine - November 2010 - Free online now!]()
This months Traders magazine is out now. This months trading articles include:
Becoming your own portfolio manager trading ETFs
Some thoughts on the 'Flash Crash' when the US market lost over 1000 points in a few minutes only for it to recover shortly after : http://en.wikipedia.org/wiki/Flash_crash
Advice on developing your own trading systems
Trading strategies - Gap Trading, Multi-timeframe analysis
Product reviews - books, software, webpages
Interview with Tim Knight - f
November 5, 2010
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