» » » 5/10/2013 -$12.50 (WASDE *LIVE*)

Today we had WASDE and I traded it with corn futures. While doing research I noticed 2 months that would of ended in a loss unless I immediately moved my stop to break even once in profit. Knowing this I attempting moving my stop to break even today but I wasnt fast enough, I ended up taking a 1 tick loss, but im not complaining, our goal as traders is to make certain our winners are much larger than our losses. My original stop was 10 which would of been hit if I hadn't moved it down so in that respect this trade was successful even tho I did lose money. (Go full screen and switch quality to 720p to see the video better)
9:27 AM
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1 comments:

  1. UnknownMay 12, 2013 at 2:54 AM

    You did well to manually move your stop to breakeven because the indecisive action would have meant a stop out instead.

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