TradingView
leszekstanislaw
Aug 26, 2015 4:23 PM

EURJPY M15 Butterfly Long

Euro Fx/Japanese YenFXCM

Description

As on picture - Nice Butterfly, D point on 127.1% of XA, SL 1.5 of XA, TP is 50% of CD.
Comments
leszekstanislaw
Actually break even - I was stupid and wanted more & more, and finally did not take profit...

As Chinese military general Sun Tzu's famously said: "Every battle is won before it is fought." The phrase implies that planning and strategy - not the battles - win wars. Similarly, successful traders commonly quote the phrase: "Plan the trade and trade the plan." Just like in war, planning ahead can often mean the difference between success and failure.

Read more: Risk Management Techniques For Active Traders investopedia.com/articles/trading/09/risk-management.asp

And I did plan, but changed it without plan :-)
More