'SP SETUP'---- Shorting Pound On Stop

Short

British Pound / U.S. Dollar (FX:GBPUSD)

Updated

FX:GBPUSD British Pound / U.S. Dollar

This trade call is based on a setup I call SP SETUP.

Stop---- 1.24679
Entry--- 1.24230
Targeting--- 1.23

Trade active

Comment:

*Secret Advice---* When a trade fails to work out, now, that's a great opportunity for you to re-study the trade, and then learn from what possibly accounted for the loss. The moment you start feeling bad for losing that trade(the money), you deny yourself the chance to learn. You could possibly eck out a new rule from this event, and make it part of your trading rules. I found that traders regret losses the most, when they risked too much on a trade than they can contain. Risk an *I DONT CARE DOLLAR AMOUNT PER EACH TRADE----* No single trade should make you nor break you.

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