The third trade was premature by 1 or 2 pips, that was enough to give a loss, and then to compromise the trades that followed. 5,5 pips gain of all this, that means break even by taking account of the commissions. Too many trades today and a mediocre performance besides the nice swing.
1 comment:
Adorika
said...
As a trader, I believe we got to accept such days; it’s not possible for anyone to be successful without facing bad days, if we wish to be successful then we need to learn to handle bad days and make most of the good ones. For me, it’s never a bad day with OctaFX broker using their mouth-watering features and facilities with small spreads from 0.1 pips to high leverage up to 1.500 plus there is also mighty cash back which is up to 50%, so all that is very handy.
"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:
As a trader, I believe we got to accept such days; it’s not possible for anyone to be successful without facing bad days, if we wish to be successful then we need to learn to handle bad days and make most of the good ones. For me, it’s never a bad day with OctaFX broker using their mouth-watering features and facilities with small spreads from 0.1 pips to high leverage up to 1.500 plus there is also mighty cash back which is up to 50%, so all that is very handy.
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