Friday, 13 February 2009

Exit Caterpillar

Stopped out.
Ok folks, this was a bad trade where I risked 170 bucks. Losing a 50 on them before being stopped out of the Caterpillar trade. The SAR served as my trailing stop loss and yesterday the SAR switched from under the price to above the price. So, I took my losses.
Lesson learned?
Those renko charts are useful for your trading. As long as you respect the rules.




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