Foreign Exchange is Brutal

October 25, 2005 by Trader Rich 

Yet another trade has turned against me.  The FX Market is brutal.  I am discouraged but I will try to get over it and move on.  Trading can be quite rewarding and that’s why I’ll continue.   The British Pound beat up the dollar overnight and my stop was tripped at 1.7698 for a 50 pip loss. 

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