Friday, 28 November 2014

Indicator Y Long 2239 - Cut Loss Turn Sell 2161

Yes, the hourly indicator Y long 2239 had cut big losses and turned selling 2161 at 1130am just now. It is definitely a painful trade. It is basically the fear of multiple losing trades that enough to wipe out traders who have bad capital risk ratio as mentioned when we started to published the hourly indicator Y early October. Read the main articles in the learning corner and readers traders will know what is capital risk ratio needed.

The single trade loss was total at 78 points while its multiple losing trades reached as at 1130am just now while ts accumulated loss in November was stood at 130 points. The most scary part was its 6 losing trades in a row hit 247 points or $6175 of losses per contract size!