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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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2 comments:
I think your overall sense of direction is still pretty damn good! Tomorrow's another day. How are you managing your emotions while trading? Still feeling the pressure?
Well yes you will be able to see in today's post, emotions are hard. But while I'm not averaging I can't complain.
Well my sense of direction is good. So, sometime it's bad like in my last trade in next blog post I had a feeling that it was rejected from 4800 level but didn't stay with the trade. Took small profit and in few hours it moved 100 in that direction later I saw.
Well I still got to develop those swing trading skills. I remember how it was hard for me to enter in the direction of the trend. Now I scalp mostly in that direction. Before it was just catching reversals. So one day I will be able to stay with profitable trade for few hours and ride a winner.
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