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>234 pips down on EUR/USD because I forgot to set my stop

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>234 pips down on EUR/USD because I forgot to set my stop loss

i-it'll be fine r-right, t-the market will c-come back around r-right?
>>
>>1454331
Are you shorting or going long and where did you enter?

Looks like it might crash soon but it could go pretty high before plummeting
>>
>>1454331

how much money did you lose?
>>
>>1455786
200 pips is a fucking shit ton. Unless he meant micro pips.
>>
>>1454331

My SL on that pair is 240 (when I use one) anyways
>>
>>1456246
>>1454331
Do you guys mean micro pips or actual pips?

Because a day candle would be about 100 to 300 pips and that is pretty huge
>>
>>1454331
what's wrong with you retarded cunts? why do you think you can trade forex successfully?
>>
>>1456289

Can't say for others but I'm in a micro acct
>>
>>1456239

Well how much would 200 pips be?
>>
>>1456323
200 or 2k, probably $200 because he is a faggot.


it happens >>1454331

just don't worry about it, and keep on. Dont go adding money into your account, take the pain learn lesson. If can't get it back, you aren't doing something right.
>>
>small tp, no sl. Constant small profits until you don't get the crippling blow
>small sl, no tp. Constant small losses until you don't hit jackpot

Nobody does #2, which is why 99.96% retail fx traders lose everything after 2 years on average
>>
>>1456323
Depends on his lot size. If he did a standard lot which is a dollar per Mico pip and there are 10 micro pips per pip. Well I guess that's about 2k.

I doubt a rookie for do dollar sized bets though. He probably used much smaller lot sizes... I hope.

>>1456476
Yeah most rookies don't understand you can't just gamble with these huge stop losses or no stop loss and hope to win a few pips. You should be taking g position with small pip risk and looking to earn 4 to 10 times that pip risk. Or after a certain point let it ride for free or with a trailing stop.

>>1456298
Your account size does not change the size of the pips and candles. Measure the candle on a day chart or measure the pips from the top of one day cycle to the bottom and that's usually about 100-300 pips on most pairs. Some pairs move much less than this and some move much much more than this.
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