Todays Trades – 11 January 2012

I had another late start today, only got to trade the 1300 GMT New York bar. For this trade, I only entered 1/2 size of what I normally trade due to a late start and not monitoring the markets. Ended up placing a 10 pip TSL set to break even. Manually closed the trade for +16 pips, price continued down an additional 18 pips at the time of this posting.

Something I need to learn to do is close out a portion of my position when a certain target is reached, then let the rest ride or break even.

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