On the first, I had 10 pips on hand, I wanted more and finally lost 3...The second entry was spot on, after the small consolidation's breakout in the direction of the trend.
1 comment:
Shah
said...
It’s fine if we wish to gain more, but still we need to be very careful because often greediness is what kills us, so that’s why we need to be extremely careful and on the mark in order to gain and be successful. If we are greedy then we will destroy even what we have. I am fairly relaxed with things especially with OctaFX broker given they have low spreads from 0.1 pips to high leverage while there is also 50% bonus on deposit which is use able, so it makes things easier.
"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:
It’s fine if we wish to gain more, but still we need to be very careful because often greediness is what kills us, so that’s why we need to be extremely careful and on the mark in order to gain and be successful. If we are greedy then we will destroy even what we have. I am fairly relaxed with things especially with OctaFX broker given they have low spreads from 0.1 pips to high leverage while there is also 50% bonus on deposit which is use able, so it makes things easier.
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