I started the week in the Trader Contest with a GBP/JPY short (1.25M) but then made a stupid mistake and exited that trade right at the descending trendline on the first signs of improvement in risk sentiment. Not only that, I reversed and doubled the position which hit SL (which I widened by 50 pips) three days later. After that I took another long position with half the amount - it's SL was hit on Friday.
In hindsight, I could have made money on longs by entering in the dips. Much more lucrati…
In hindsight, I could have made money on longs by entering in the dips. Much more lucrati…