3 trades in a row. 8,5 7,5 and 17 pips.I consider the second one as a bad trade. i risked 22 pips to make 7,5.
73 pips won today in total. Another madness day has gone. The markets plunged again, but forex is another world.
Although I can spot immediately a high volatility day, I cannot yet allow the winners run. After the third trade above I could not enter again short by fear to lose the gains. (I had to do maths with my daughter too).
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1 comment:
It’s always great when we win consistently, but at the same time we need to make sure we don’t get into habit of over-trading. I only prefer to trade when I feel very sure about things and it is really helped by the fact that I work with OctaFX broker with their low spread of 0.2 pips, high leverage up to 1.500 plus there is also smooth trading platform where I get all my trading orders are executed instantly without much trouble at all.
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