Monday, February 8, 2010

Too early

No good trade, jumped the gun, like I couldn't wait for proper break out if there is any. Real example why I should trade only one trade a day. I had real tough time to close this in a loss. Moved stops two times. Finally when it bounced I found enough sanity to minimize the damage and exit it with smaller loss then it was. What would I do after if I traded more, I wasn't disciplined on my first trade. You never know when you have loss is teens that it's great because it could be -50 or -100 day.

-16 pips


Risk Control Master said...

good thing is you are following your rules and you ARE cutting loss.

FX said...

Yeah, thanks :)