Wednesday, May 26, 2010

Trades for 5-26-10

I had 3 trades today, 2 during London hours and 1 during New York hours.

Totals for the day
Forex: (-1.78%)
All times on the charts are Mountain Standard Time

3 trades, 2 losses and 1 gain


FX said...

You are not afraid of interventions in trading eur/chf short? Slippage on stop could get enormous.

StockHunter said...

I don't worry about slippage because it's out of my control. The most I can do is have a default stoploss already programed into every trade, and avoid trading on or near news releases. I have my default stop set to about 50-100 pips, and adjust it when I pull up the limit order screen (or after my entry if it's a market order).

If the bid/ask spread is too big I avoid trading it altogether.