Thursday, June 25, 2009

trades

We ended up being stopped out of the USD/Yen trade because we ALWAYS use stop losses. Losing is a part of what we do...it is an accepted part. When we go into a boxing ring, we're going to take punches and lately, we are at about 500...which is fine, because we will end up profitable.

At the same time I have a longer term short in the Canadian Dollar/Yen because I think equities are coming down. We made a lot on this the first time and now we are up again. Also, we are now long the US/Swissy too.

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