Well what can I say about this morning’s trade without laughing and swearing at the same time. You are puzzled! Well let me start by telling you that I had a ticket open before 07:00 UK time which for me means have a limit of 5. Fairly sensible, however I went for a coffee and didn’t close the ticket so when the entry I wanted going short was reached at 16375 I pressed the button and I was rightly in a short trade on GBP/USD. However, when it plummeted and I was looking at getting out with 25 points, I realised that I had not removed from the ticket my limit of 5. So to recap I took 5 points instead of 25+.
As one of the good old television game shows of yesteryear would say “Let’s have a look at what you could have won”.
So let’s have a look at the chart.
Kofi as you know as my trading buddy was sat next to me this morning sniggering as he took 30+ points.
I am off to help out at Investment Mastery to help new Forex Traders understand the mindset of trading and how important it is to have the right mindset in place before trading.
No comments:
Post a Comment