Friday, January 22, 2010

Trading out of boredom

Again I'm doing stupid things. Playing around and then get burned. Some half size short in gbp/usd didn't work so I took long in eur/usd because it looked like it will pop. Soon enough I was deep in eur/usd loss. Average didn't work and I run out with little less then -40 loss. Good thing that I was telling myself - don't make another blow up. I was conscious enough. I took two more trades after to correct a mess. They worked and I'm finishing with -11.

I'm glad that I'm in a loss because trading out of boredom is more stupid than losing big in normal trading day. I need those situation that I don't want to help me focus on what I want.

-11 pips

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