Monday, June 7, 2010

Open Trade No. 3

Our third trade was opened on June 7 at about 3:20 a.m. We sold 1.17 lots of the EurUsd at 1.1927. This is highly aggressive and will surely blow up in my face shortly. Considering the value of our account when we opened this trade was roughly $6.9k, we should have limited this trade to about 0.70 lots.

As I write this, the EurUsd is trading at 1.1954. This means we're currently losing around $328.20.

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