this tale went down way back in Apr 2001. The economy was all crappy back then.... Anyway,
while my dad and i were playing around at MIG the whole operation was a success. I was told that SGD-LKR rate will be affected by the updates in the housewares import market, and probably is going to come down. The piece told me waiting till then and then selling will work like a charm! So i said to myself: true, chances are slim, but that's me! Given what data which i had started implementing, i marketed order 100 mini lots. I stared at the monitor for about half an hour, as the stop loss line slowly bore nearer, untill ordinary variation commenced to turned noted. This bastard of a base currency was blasting through the roof! I unloaded at 119 pips per coin of loss. So i was getting rather concerned. I was scheduling that the fluctuations in the pharmaceutics industry may effect on the trade in Asia. I had just lost 100 micro lots one way or the other. But next thing i know the account sold at 175 pips per unit of profit! Now that was a real surprise! I had made some dollars this evening and was feeling just fine, too. Time to kick back with a Kangaroo.
Wednesday, October 28, 2009
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