I have suffered another big drawdown today
This is the second time in two days that I lost all of my profits
I managed to recover the first time, but I am lost for a trade at the moment
I should not trade when the market puzzles me - another lesson learnt
It is so very hard to stay on the sidelines though
I decided to go long Gbp/Jpy last night, and kept adding Gbp longs when it went down
First mistake was to trade when I didn't really trust the trade in the first place
The second, and much bigger mistake, was to add to a losing position - that's basics
I must consider myself a student and start all over
I will be trying, carefully, to come back next week
have a good weekend all and GL
This is the second time in two days that I lost all of my profits
I managed to recover the first time, but I am lost for a trade at the moment
I should not trade when the market puzzles me - another lesson learnt
It is so very hard to stay on the sidelines though
I decided to go long Gbp/Jpy last night, and kept adding Gbp longs when it went down
First mistake was to trade when I didn't really trust the trade in the first place
The second, and much bigger mistake, was to add to a losing position - that's basics
I must consider myself a student and start all over
I will be trying, carefully, to come back next week
have a good weekend all and GL