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I Just Closed Out a Position for a $10000 Profit
Sunday, December 16, 2007

I'm serious, I just closed out a position for a $10,000 profit.  Unfortunately it was my FXGame account at Oanda.  I had not logged into it for months and when I did login today, I noticed that I still had a short USD/JPY position open.  This trade profited 865 pips with only an 86 pip risk.  That's a 10:1 Reward/Risk Ratio.   Too bad this wasn't my real account.  If it was, this trade would never have happened.  Maybe I should start trading longer-term charts, set, and forget!

Lucrative Oanda Forex Trace

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Read or add comments about this item.
Quote
No. 1 :
forget positions in real-accounts is really hard... :( I don\\\'t know exactly why, but positions in demo-accounts always are winners
201.233.192.170
Submitted by Forex Trader • 2007-12-16 20:06:01
Quote
No. 2 :
I know. It really is. I totally agree with you.
68.36.221.110
Submitted by Rich • 2007-12-16 20:11:06
Quote
No. 3 : Take the money and run
If I were you, I'd take the money and run.
203.101.234.87
Submitted by Forex Trader • 2007-12-19 19:46:11
Please keep your comments brief and on topic, and remember that this is not a discussion thread.
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Verify : What is opposite of short ?
Last Updated ( Monday, January 14, 2008 )
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