Well, well that is trading for you! Exposure to the market forces and at risk to your capital. Like Forrest Gump used to say in that movie: 'Life is like a box of chocolates, you never know what you gonna get'. Ditto for trading.
Thursday, August 8, 2013
Gold (XAU/USD) Short Position closed at 1292
My short position on Gold (XAU/USD) is short-lived. On the fifth day, my trailing stop of 20 units took me out for a small profit of 0.4R. That is what is called a scratch trade, where the market gives you little profit or a little loss as to be about breakeven.
Well, well that is trading for you! Exposure to the market forces and at risk to your capital. Like Forrest Gump used to say in that movie: 'Life is like a box of chocolates, you never know what you gonna get'. Ditto for trading.
Well, well that is trading for you! Exposure to the market forces and at risk to your capital. Like Forrest Gump used to say in that movie: 'Life is like a box of chocolates, you never know what you gonna get'. Ditto for trading.
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