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).
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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