Wednesday, September 10, 2008

For the trade below, the profit max in the 1min till the stochastics crossed below 75 would have been 24 pips. I only jammed a quick 3 pips. Not very good, but lesson learned again. Scale profits. Since I used the 5/8 and stochastics to enter, I should have used them to exit/profit after I jammed my quick scalp.

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