So wzup everyone....

I couldn't sleep so I decided to load up the FOREX Trading Platform. I currently use thinkorswim's desktop platform.

I decided to test the market so I put in a few trades with in the paper trading account. I was leveraged out to the max! I was long the EUR/USD pair with 5 lots. I had a feeling it was going to give me a good gain looking at the 1hr, 30 min charts.

By the time 9am hit, I was so tired and I went to bed without putting any stops on. I woke up around 2 o clock to find out that I was down -2.5k! I looked at the chart, it did indeed break out while I was asleep, but there were no limit orders in place to sell on the break out. It collapsed back down to a support level.

So I was right about the breakout, i just had to wait for the action. If i was up I could have shorted on the way down to.