Hi Chelsea news
This was a signal that closed an earlier trade, So most of my posts will have the subject "New trade" or, like yesterday, "Trade close". The trade closures will reference an earlier post and usually be because a limit order was reached, making a profit, or, as in this case, the stop order was reached making a loss.
From earlier posts, I've got three trades outstanding...170613gold short gold, 170613dji long Dow Jones Industrials and 170613sugar short sugar. Entry prices, stop loss and limit orders are all posted at the same time. When the stop/limit orders are reached a "trade close" post is made.
I'm aiming for a risk : reward ratio of 1:2 and a 50% success rate.
Hope this makes sense,
Marc
Hi Chelsea news
This was a signal that closed an earlier trade, So most of my posts will have the subject "New trade" or, like yesterday, "Trade close". The trade closures will reference an earlier post and usually be because a limit order was reached, making a profit, or, as in this case, the stop order was reached making a loss.
From earlier posts, I've got three trades outstanding...170613gold short gold, 170613dji long Dow Jones Industrials and 170613sugar short sugar. Entry prices, stop loss and limit orders are all posted at the same time. When the stop/limit orders are reached a "trade close" post is made.
I'm aiming for a risk : reward ratio of 1:2 and a 50% success rate.
Hope this makes sense,
Marc