HomeDaily ResultsMegadroid Results: Mon 8th Apr 2013


Megadroid Results: Mon 8th Apr 2013 — 3 Comments

  1. Remote Safety Mode disabled trading today, but these 3 accounts had RSM disabled.

    Difficult trade day. The last 2 trades stayed opened for several hours, but eventually closed at around break even.

    I was net 70-80 pips down at one point. Luckily the price moved back in my favour.

    If EUR/USD went up another 5-10 pips, I would have had a loss of about 90 pips on 2 trades.

    This is a good reminder that Megadroid’s losses, while infrequent, are much bigger than the wins, and they typically take a month or so to recover from.

    We haven’t had a large loss for several months (Oct 2012), but it will happen some day, so it’s important to plan for it and not over-leverage.

    I assume I’m going to get a large loss every 2-3 months. Sometimes they occur less frequently than that, sometimes more frequently.

  2. Thank you for the updates, Richard. I check in regularly and I appreciate your comments and open-ness with your trading.

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