Friday, November 16, 2018

11/14 Japanese Yen FXY Trade Closes at Stop Loss

On Wednesday November 14th, the Japanese Yen trade was closed as it hit the stop loss point. 

In a note on the importance of a stop loss point, had it not been there, the trade would have ended worthless with today's trading. It is so important to have capital management skills when trading. We aren't happy with the loss. We are happy that are capital management keeps us able to find great trades. If you don't have good capital management, you will not be trading for very long ;).

On to the next trade! 


** This blog is used for informational purposes only. It should not be used as a recommendation to buy or sell any security. Do your own due diligence before trading or investing. If you would like up to the moment communication on KDK Options trades, email at kdkoptions@gmail.com **

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