I lost all of my gains from 2010 due to a horrendous trade via USD/CAD last Thursday. I was short USD at 1.04 and was stopped out at just below 1.07 due to the intra-day madness. Besides the obvious lesson of setting tighter stops or being willing to hold on to a position to the bitter end I'm currently struggling to learn what I can from this loss.
I definitely lost control of my emotions more than I should have or thought I would have if I knew it was coming. Pleased; I am not.
Monday, May 10, 2010
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