Short term sell for USDCAD

9 mars 2020

SL : 1.37043
Entry : 1.36500
Target : 1.343

10 mars 2020

Trade fermée manuellement

our third short is taken out.

12 mars 2020

Note

you just have to compare this with Oil and you know what to do. I am in the money with Oil shorts now.

17 mars 2020

Note

time and again, i find reviewing past charts helpful as it never fails to remind me the importance of having STOP LOSS.

It must be literally tattooed in the heart of any serious trader. Don't say things like you are 100% sure it will goes up or down; especially in a time like this. Having a stop loss is not a sign of cowardice or lack of confidence as some traders thought it is.

On the contrary, it is the characteristics of a RESPONSIBLE and SENSIBLE trader who knows the one who is not sitting on the casino table has no say in what games to play. Thus, to play the game, you must know for each game, how much are you willing to lose. That is your STOP LOSS. The same speaks for trading too.