Wednesday, June 5, 2013

The hell....

Seriously... wad the hell went wrong? Lose all my winning pips from past two weeks just in 1 night!! !@#$%
I admit that I still dun have a proper trading plan yet, still working on it.
The other factors I can think of:-
1) SL too tight? (My SL is only 10pips) GBP/AUD. going long, but my trade was stopped as it hit SL. But later, the pair went up for around 100+ pips
2) adjusting my SL? (From 10pips to 20pips at max) Reason: feel that 10pips SL is too tight
3) effect of economic news? I normally trade between 8pm - 2am GMT+8.

Can't think of any other reasons a.t.m.

Note to myself: I'm not gonna giv up. Move forward. There's always up n down in life. Learn and continue learning. Net loss now: -22.9 pips

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