Tuesday, June 29, 2010

Bad Monday

Suffered another big loss on Monday. Total of 3 trades with 2 of them closed with small profit while the third trade ended with 6% loss. Felt like the longest losing streak. Longed EUR/USD before the signals are clear enough. I was assuming the reversal would happen as what happen few times last two week at around GMT7:00 but what happen last time is not necessarily repeat in the same way. Felt like every trade I entered turn against me. Felt like the market is suffocating me. Felt helpless. HELP!!

3 comments:

Cruzzie73 said...

Remember this, never enter a trade when you are not sure? Take only quality trades, trades that have signals confirmed. Perhaps a trade psychology self-check would help?

And, never trade reversals before you can even master trading breakouts. There is a reason why so....

Cruzzie73 said...

Remember this, never enter a trade when you are not sure? Take only quality trades, trades that have signals confirmed. Perhaps a trade psychology self-check would help?

And, never trade reversals before you can even master trading breakouts. There is a reason why so....

Heng said...

I know..i've learned my lesson.

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