Stop loss don’t hurt

Again, the importance of risk management appear to be a very important aspect in trading. If we didn’t reduce this risk, psychologically it may affect any individual future trades.

200% on Gbp/Jpy

GJUC16Mar

Analysis on Usd/Cad Hit Stop loss but thanks to the trading plan and crucial SL level, we managed to have limited loss which is all calculated pre-trade.

On the other hand, Gbp/Jpy managed 200% in which after take profit, it rebound to our SL level.
Refer to previous post https://tradesnprofits.com/2017/03/13/dollar-cad-vs-pound-jpy/
Thanks to this GJ trade, we can afford another loss(of course this is not what we wish for)

At moment, we still have NZDCAD on open positions.