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Old 04-21-2008, 04:04 PM
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Join Date: Dec 2007
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Quote:
Originally Posted by mytwopips View Post
Smart move getting out. You no longer had any justification for being in that trade so you did the right thing. You were not greedy or arrogant about being wrong on your initial entry. This smart judgement let you exit at a gain instead of being stopped out.

Often if I am in the same situation, I will look at the setup again as if I never pulled the trigger. Then ask myself "If I was looking for an entry now, would I take it?". If the answer is no, then it's time to exit.
lol
Actually I really dont wana hang myself in those trades in which i feel movement is slow... At morning Aud/Usd totally remain's bullish then after that i enter for short through reversal candles but in a 2nd session of the day after my entry Aud/Usd move very slow even seem's like dead to me lol ...
Nither hit my Sl Or My +30 Pip's target totally a sideway's movement so that's why i decided to exit for just +7 Pip's Onthe other hand my G/U Winning trade was rocking today +30 Pip's i gained even it dropped for +200 Pip's today , totally bearish...
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