Archive for November 10th, 2010

Winning Trades which make no Money

Winning Trades which make no Money

This was me today... I put in an order for a buy on the GBPUSD at 16018 or a sell at 15956 with a 20 pip stop and a 40 pip target. As you can see from the chart, the GBPUSD shoots up and actually goes beyond the 50 pips... However, I made no money on this trade at all. At first I got really annoyed, an easy 40 pips in the bag and my broker has screwed me over. I checked my emails and can see that the order was being placed, however, I had forgotten to fund the account properly and t

November 10, 2010 No Comments Full Story