Wednesday, March 10, 2010

Clumsy NFP trades

Lost 44 pips in 3 minutes in a trade (GBP/USD) during the NFP news release. It was a clumsy trade decision, one that cost me 6.4% of my portfolio. Shorted the pair right after the NFP announcement after checking other few pairs. The consequences of neglecting my money management. Longed USD/JPY moments later and managed to gain 30 pips. Even out I still lost 14 pips.

No comments:

Economic Calender

BBC News | Business | Economy | World Edition