This short went to +8, not closed, not even at break even and was left to move quickly against me. Negligence? Stupidity? Egoism and incapacity to accept the obvious? Check all the above.
1 comment:
Bracewell
said...
I don’t think we should worry too much, as often such mistakes are what make us into successful trader. If we fear too much for these minor mistakes then we will only struggle to perform better. We just need to learn from it and that is the only requirement. I do just that with support of OctaFX and their breath-taking facility having rebate scheme where I get 15 dollars per lot size trade including losing one too, so I feel very pleased with it all.
"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:
I don’t think we should worry too much, as often such mistakes are what make us into successful trader. If we fear too much for these minor mistakes then we will only struggle to perform better. We just need to learn from it and that is the only requirement. I do just that with support of OctaFX and their breath-taking facility having rebate scheme where I get 15 dollars per lot size trade including losing one too, so I feel very pleased with it all.
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