GBP/SGD
19/9/2016: BUY 1.78353
29/11/2016: SELL 1.78721
Hahaha managed to close GBP/SGD position after running an unrealised loss for 2 months plus. Lowest level was at about -1000 pips. Today finally broke even. Some more this position has being through the GBP flash crash in early October!
What doesn't kill me will make me stronger?
This is one of the examples of my "no stop loss/carry trade strategy" I am talking about. Intraday trading in the long run will lose money as your frequent loss cutting trades eat into your profits. Capital preservation is more important.
Have a healthy margin. Let it run its full course if the trade goes bad. This is marathon strategy not a sprinting one.