FX:USDZAR   U.S. Dollar/South African Rand
74 3 3
I was stopped out last USDZAR             trade . i´m re-entered short as it is on track with the initial strategy..

6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

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UPDATE : This time seems following through ... move stop to 12.00
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timwest PRO
a year ago
I like how you think. What was your stop initially?
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Realisto_FX PRO timwest
a year ago
Ops I forgot to include SL on the text. I don´t remember where was the stop as it was 3 months ago :-) . However my max. SL allowance is 1-1-5% from entry point. I trade on daily , with some exceptions in 4HR
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