I honestly don’t know where the markets are heading next. I cannot predict where and when the top and bottom shall take place. But I learnt it hard way, what I should do "stay" or "quit" when price is traveling beyond my reference levels.

Tuesday, November 30, 2010

never ever skip stop loss!!

This lead break-out gave me 15k loss..only coz i didnt respect stop loss... i was in short and i should have stopped at 102.5 and reversed into longs.. but i skipped stop loss and booked loss at 105.00( entry for short at 100.00)



RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
RESPECT STOPLOSS
Posted by at 5:17 PM
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