bugg*r stoped out but still made 13 points didnt see that but traded my plan.
Sounds to me as if you didn't trade your plan 'Moving stop loss as close as i can'.... Is that written down in your rules? A trailing stop loss of 6 pips ?
I think if you don't have the confidence in the trade to leave it alone to work or not then you probably didn't have a good enough reason to enter or you put your target as 'wishful thinking' rather than the next upcoming support and resistance.
If you meant to make 20 pips but made 13 pips then thats a fail surely?
On another note; I'm absolutely kaining up this week and i'm not even suppose to be trading with exams coming up and everything! Because not 'trading' is making me more patient and only taking the best. Rofl.
Does anyone know how i can backtest a strategy i have developed on the FTSE100 ? (Except Igindex) And also what i could use to automate such a strategy?
x Halo x
I haven't been stopped out yet, I'm £70 down, with a stop loss of £125, I don't know whether to cut my losses now.