OK FIRST OF ALL I"M NOT STUPID omg I said nno more than 5% cause I ONLY GOT 1k FFS, anyways I've being trading for 2 days now and its being OK.....
here is what I did over the two days(I DID A LOT OF TRADING.... )
I managed to profit about 40 pips over the two days... LOST ALL OF IT WRITING THIS POST FFS. this is what happened. the GBPJPY was going up and then when it started going down I sold and profited about 50 pips(today), (lost like 50 pips yesterday) anyways I did the same for the GBP and profited about 30 pips GBP is the only this I trade. anyways I thought that the GBPJPY was going reach its bottom soon SO I PUT A BUY ORDER at 211 and a stop loss way before at like 212.3 or something. and I also put a sell order at 215.5 and stop loss and all that(30-40pips) anyways after about 5 hours of staring at the screen(I DONT HAVE S SYSTEM) I managed to pocket in 100 pips. and then I waited for the GBPJPY to FALL to 211 or less so Icould buy in again. I did some altering(stop loss and limit) to my orders so I was kind of messed up.( I NEVER TAKE RECORDS AND I DIDN"T TAKE DIS ONE DOWN OMG.....) anyways while I was writing this(was writing before but I wanted to tell u guys my activities so I went to check my records....... AND THEN THERE IT WAS. I SOLD AT 211 instead of BUY OMFG WTF. 211 was at like the very bottom and I SOLD, with no fundemental data to support( accident anyways) and NOTHING so I waited and thought hey the GBPJPY is actually forming a flag! maby god is trying to help me? so I left it there(already -30 pips), and after about 10 min it went down to 210.97 or something like that so I was like wow it actually went lower! and looking at all the stuff and with the UK's **** report I thought maby I can make it through with maby 30 pips? so I just left it there( didn't think properly..... haha) anyways I left it there and it went up and down and then asshole buyers started to buy the GBP/USD which affected the GBPJPY BUT since GBPJPY react to USDJPY most my position was still swinging. I didn't want to take a loss so I thought I'll put my stop loss at 211.45 since thats the resistance. ANYWAYS after about 50 min it went up. asshole buyers finnaly pushed it back up. I lost 60 pips which gives me a negative 10 pips over the two days.... oh wait 20 pips I think..... something like that. so ye NEVER LEAVE ORDERS IN UNLESS U GOT IT NOTED!!!! AND DONT JUST LEAVE UR POSITION If IT WAS AN ACCIDENT
, OMG I FEEL SO stupid haha but hey u win some u loose some. hope you guys learn from my experience. thanks for the help btw I'm doing pretty good in forex right now so ye. lost 2% of my equity but umm didn't u guys say only risk 2%? haha I'm looking at 5% right now since I trade really volatile pairs. DONT FLAM ME PLEASE JUST SHARING EXPERIENCE. and btw I might start a blogg or something. but I am a lazy guys so..... dam I waited all day for the SIGNAL AND I STUFFS IT UP FFS BY TRADING THE OTHER WAY. I WONDER HOW I DID THAT. I dont remember putting a sell att 211 I remember I put a buy but doesn't matter I guess.... u win some u loose some ey? lost 2% right now maby do better next time haha. I'll update my profile every friday if I dont feel lazy. anyways I stayed up today cause I got half day off tomorrow at skool. DAM I COULDA MADE LIKE 200 PIPS FFS AHAH thanks guys hope u LEARN FROM MY EXPERIENCE!! THANKS AGAIN. and BK I'm 17 and u've being trading for 14 years right? so how much profit in % do u make every months? or year? just curiouse thanks guys