Thursday, November 3, 2011

03rd Nov 2011–A stupid stop loss cost me GoLD.

Buy $

Sell $

Sell Short $

Buy Back $

Stop Loss $

Profit / Losses

Duration

 

164.00

 

 

 

 

 

 

Reason for Buy / Sell / Sell Short / Buy Back:

 

  1. Stop loss triggered immediately after the market opened.

 

Lesson Learnt:

 

  1. This is a very stupid stop loss point that I have set. I should know better. 50% of profit gone just because of a careless stop loss strategy.
  2. It bounce all the way back in just two quick days. Amazing Gold!!!
  3. This is the adding point, NOT the stop loss point.
  4. Now the problem is how to get it back.

 

Intraday Chart

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Historical Chart

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