Euro / Japanese YenUpdated Possible Risk Management Lesson
-4% max loss +10% first target = 8% return at first target area (assuming I am correct the second time around).
This is why keeping losses small keeps you alive
This is why keeping losses small keeps you alive
Note
if the first long offers it I will most likely take 50 pips off the table and go with the second long if conditions are favorableTrade closed manually
2nd long's upside seemed to be getting weak IMO closed it for +4ish%.
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