Man, I'd get out of MBT if you're trading little lots like that...with those darn 5$ one way commission. Until I start making big money...I'm sticking with the "spread only" commission brokers....like IBFX. I'm in the same boat as you though! My ...

I got spooked........!

I'm new to Forex also, but moving stops is pretty common when the price moves in your favor. "Trailing Stops" is what they're called. With Forex being so much more "volatile" than stocks, seems like it'd be easier to get burned on a quick spike ...

Updating stops to lock in profits