Well, today is the last day of short trading contest and I would like to share some thoughts about it. I think that almost all real traders will agree with me, that if you trade in Forex, you must be ready for not only profitable trades. As I wrote before in my previous blogs, I have almost 4 years experience in real Forex trading and you may see here my FX experience from my first steps.

http://www.dukascopy.com/fxcomm/blog/?action=post-show&post_id=7552

So, at the beginning of a short trading contest week, during first day I had very good results. Some days after that I had few quite good trades, but yesterday I haven't enough patience and made mistake. I didn't plan to trade during US GDP and ECB interest rate decision, but happened what happened When it seemed to me that big moves are over, I sell GBP/AUD and that cost me sleepless night There was a moment when my equity was 103 000 (I had 164 000 before) and during all night I was waiting relevant time to close that trade. I've done it only in the morning and presently after some more trades my equity is 139 K.
I hope that I will have some more successful trades this month
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