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A market storythis story occurred way back when, in 2005. For sure, it was a bull economy at the time. Oh man, one couldn't find a book to risk on back then! Well anyway, while my son and i were commencing with a very skinny bank of 3070 dollars at dbFX the trade day derailed. I was told that PKR-USD rate will be affected by the drop in the domestic products prices, and as a consequence is going to move downward. This piece said the plan of a great unloading at that time is perfect! Being as i had 100 Valeries, i bought 100 mini lots. I glowered at the monitor and at long last, after a long wait, average change started to became perceived. 2 minutes later this bastard of a base currency was going up through the roof! The account unloaded at 58 percent of loss! I started getting quite worried about the hapless plight in which i just so happened to. What an unfathomable story was spun, that the weakening in the domestic products prices may influence on the PKR-USD prices. I just made 100 lots either way. But next thing i know the account sold at 102 pips per unit of profit. I wasn't expecting that to happen! I had lost nearly all my cash. At least i was still wearing my shirt! |
| by maddoxlinda |
