Lousy trading this ending week, the holidays effect is still present: I left one trade whithout stop loss and that resulted to -65 pips. Average loss (21,2) is high because of this foolish mistake, i hope this will be the last one. Whithout this, the week would be 15% positive!... Major drawdown on Thursday (-10,31% ) , the fatal day (was +5% before the major mistake!...)
1 comment:
Mennie
said...
What I feel most happy about this is that it motivates me big time, but we must be careful that we don’t do anything too silly to copy results like these it’s next to impossible. I am lucky that trading with OctaFX broker, it has made my task easier with low spread of 0.2 pips, high leverage up to 1.500 and superb platform like cTrader, so it’s all too good for me to be working with to get the results working into my favor!
"When i trade at home, I often watch the sparrows in my garden. When I feed them bread, they take just a little piece at a time and fly away.They keep on flying back and forth, taking small bits of bread. You will never be able to shoot a sparrow, it is just too fast. That is the way I day trade". M. Weinstein.
"Μηδείς αγεωμέτρητος εισίτω μοι την θύραν". Plato
"Toute lucidité est la conscience d'une perte". E. Cioran
There is nothing to sell on this blog. No signals, no "systems" for sale. Just my trading plan and the recording of my trades on eur/usd and the fx euro future recently. And the books, the music, the films I like.
The Forexbird is a professional currency trader. He is also photographer and engineer, a maths and music addict and curious about everything.
I got a few pips and then I left monitors to take care of my daughters. When I came back, price was 70 pips down...
Risk Disclosure
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The author is not liable for any loss or damage which may arise directly or indirectly from the content of this website.
1 comment:
What I feel most happy about this is that it motivates me big time, but we must be careful that we don’t do anything too silly to copy results like these it’s next to impossible. I am lucky that trading with OctaFX broker, it has made my task easier with low spread of 0.2 pips, high leverage up to 1.500 and superb platform like cTrader, so it’s all too good for me to be working with to get the results working into my favor!
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