Hah! I seem to remember it being done, though I can't find the link offhand.
Also, do you trade with stops? I mean, maybe your picks are fine but the suck whenever you look at it?
So, while it's true I failed to trade with stops, my picks also sucked. :) For one thing, I was one of many thousands of traders who really got screwed by the Swiss National Bank. On the other hand, stops would quite likely have been helpful when I shorted EUR/USD, because I really had something going into late summer which turned around quite nastily later.
By that point I had kind of given up on the game and was on the road anyway. If I'd been trading with real money, I imagine I would have been a lot more proactive about closing positions before leaving reliable access to net.
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Date: 2012-10-15 12:35 am (UTC)Hah! I seem to remember it being done, though I can't find the link offhand.
Also, do you trade with stops? I mean, maybe your picks are fine but the suck whenever you look at it?
So, while it's true I failed to trade with stops, my picks also sucked. :) For one thing, I was one of many thousands of traders who really got screwed by the Swiss National Bank. On the other hand, stops would quite likely have been helpful when I shorted EUR/USD, because I really had something going into late summer which turned around quite nastily later.
By that point I had kind of given up on the game and was on the road anyway. If I'd been trading with real money, I imagine I would have been a lot more proactive about closing positions before leaving reliable access to net.