GBPUSD stopped out trade… just! How annoying!

Trading is meant to frustrate.. this morning I had a short trade on and it hit my stop and promptly reversed which would then have hit my target for 30 pips. There are times when a trader thinks that the markets are out to get him (or her) and he (or she) is right!! :) The market knows exactly where the stops are and they will hit them prior to moving in the ‘correct’ direction.

So a loss today.. annoying but that’s something you have to deal with if you trade

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Category: money, Spreadbetting, Trading