Monday, November 23, 2009

Active Trade


The market is moving down pretty strong on the CHF.JPY pair that I'm trading, so I'm taking off half of my position in order to bank-in some pips. I have also moved my stop to break-even on the balance of my position, effectively making this a risk-free trade.

I am increasingly more in favor of doing this, rather than "all or nothing" type of trade management which I used to do before.

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