Fr., Jan. 24 morning

The EURUSD hit my stop loss at 1.3669 and realizing additional 18 pips of profit. Thus, the total profit from yesterday’s trades is 138+18 = +156 pips New order today: USDCAD trade on news: Sell 1.1049 Buy 1.1106

What to do when you make a mistake?

Sometime we all make mistakes. It can be pressing a wrong button, forgetting to close an order, opening a position bigger than intended, etc. What should  you do when you discover your mistake? The answer is plain and simple: close that position immediately regardless whether that accident benefited you or caused a loss. As I … [Read more…]