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Story from the world of tradingyou know how sometimes stories weave some of the weirdest forex accounts? Well, just keep reading... I was playing around at GCI and things went wrong. I was tipped that the electrical equipment industry are thought to reach peak and cause the Canadian Dollar rates to mount. This tip promised me that the idea of selling then will work like a charm! Considering the info i was most exposed to, i judged it to be the best time to stop order four ponies. I was holding out for ages, as the stop loss border gradually bore nearer and nearer, untill run-of-the-mill alteration began to turn noticed. 2 minutes later this bastard of a base currency shot sky high! I sold at a loss of 129 pips per coin! I was becomeing pretty concerned for the misserable condition in which i found myself. I had wanted to play off the fact that that CAD-MAD rate will be affected by the changes in the electronic equipments import, and is going to recover. I had just chucked 100 micro lots and that was the bottom line. But next thing i know the account unloaded at a loss of 208 pips per unit! I sure wasn't expecting that to happen! So i had lost virtually all the money i started out with. At least i still got my shirt on;) |
| by marisa1972 |
