Entered long at TL break, price hesitated and risk taken again, finally closed at +3, as I had to leave office, missing the nice move up.
1 comment:
Piku
said...
Risk is very much part of life and one can’t really remove it, but it is crucial that we take calculate risk and don’t go blindly, if we trade with proper money management and calculated risk then there is no issue, but the moment we do gambling we will lose up. I am working with OctaFX broker and they allow me to take risk without fear thanks to their rebate service where I get 50% of the money back according to the paid spread.
"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:
Risk is very much part of life and one can’t really remove it, but it is crucial that we take calculate risk and don’t go blindly, if we trade with proper money management and calculated risk then there is no issue, but the moment we do gambling we will lose up. I am working with OctaFX broker and they allow me to take risk without fear thanks to their rebate service where I get 50% of the money back according to the paid spread.
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