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Managed to keep one long position open

I managed to keep my NzdUsd long position open yesterday

I had to close my Aud longs due to the weekend leverage requirements
otherwise the margin cut would have closed all my positions
I was down to 60K yesterday and a Nzd pair was the only choice I had,
because the Nzd pairs require the least margin/leverage
NzdUsd seemed to put in a low around 0.6720 and bounce from there
I am hoping for continuation up
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Closed two of my positions yesterday

I am still long Nzd and Aud with one position left open

I had to close my AudUsd and AudChf longs yesterday
before the weekend leverage kicked in and they were closed for me
which would have cost me orders quality points
I am holding a NzdUsd long through the weekend
My Nzd and Aud longs were doing a bit better but are not making a profit yet
I shall continue building them after the weekend
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Creeping up a little higher yesterday

I have moved up to place 61 from 120 in the contest yesterday

My Usd long positions were doing a bit better yesterday, and I moved up in the rankings
I was stopped out due to weekend leverage (again) yesterday, though
Just a bit of bad luck, that cost me a few points of my order quality in the contest
I will be opening my long Usd positions again on Monday
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Going into the weekend with one USD long

I am heading into market close for this week with a UsdNok long position

Because of weekend leverage I have only one position open
I hope to add more Usd longs next week
UsdJpy is leading the way up, after a low of 104,5 a few weeks ago
Daily picture is looking good for a reversal
Have a good weekend all!!
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Back down to 50K over the weekend

I am down to 50K after a busy week
I lost most of my capital because I did not stick to my plan this month
I did very well in the beginning going long Eur
but switched to long Usd looking at the FED interest rate rise
This led me back down again
The psychology of trading remains very hard
All a trader can do is try try again and fail fail again until he or she is profitable in the long run
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AdamFx42 19 Mar.

and, of course, learn as much as one can on the way there

OneGoodTrade avatar

Trading is all about psychology.

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