Compulsive trading again: Entered 3 consecutive times at almost the same price, in an obviously flat trend. Tight stoplosses filled easily.
1 comment:
Herain
said...
In my view losses is not really bad if we are doing the work according to plan and here as we see that stop losses are filled, so it’s nothing to worry much about and I really enjoy trading like that where risk is lower and profit is great. At the moment I am working with OctaFX broker, it has fabulous low spread of 0.2 pips, high leverage up to 1.500 so that really helps me use stop loss well and I am able to get perfect results.
"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:
In my view losses is not really bad if we are doing the work according to plan and here as we see that stop losses are filled, so it’s nothing to worry much about and I really enjoy trading like that where risk is lower and profit is great. At the moment I am working with OctaFX broker, it has fabulous low spread of 0.2 pips, high leverage up to 1.500 so that really helps me use stop loss well and I am able to get perfect results.
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