Friday, October 15, 2010

-24 pips

I'm going to stop now to prevent bigger damage. I recklessly entered long in seconds after I log on to platform. Mentally I wasn't prepared to lose so I lost too much, 20 pips. On second trade I didn't want to take scalp profit because of bigger loss before. On third I cut my loss to -14 but then on next again I didn't close loss when needed. At least I got profit later to make me feel better so I could finish the day.
What a difference make being mentally prepared or not. It's so easy after big mistake to make everything else also wrong.

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