Reply To: Practical Exercise 6

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Nigel Southon

Thanks John for your reply.

In this case, I have not ploted MOR or DOR as I was focusing on setting the stop losses, and trailing stops. This was mainly to save time, as I am behind schedule for this course so far.

What I learnt from this exercise, is that in my real life trading, I have been far too generous in the stop losses. I will apply this to my OMT trades, so that I don’t leave too many pips on the table.