Have a $25 dollar account and I started trading recently.
Went long on USD/CAD.
So far I am down $1.65. Going to hold on and hope that it comes up a bit.
Just an update. I lost $1.82 trying to fight the trend on USD/CAD, I went long. Sold it yesterday and went short on USD/CAD @ .98583 yesterday night. So far I am up 1.12 going to keep the short open and see where it goes.
Account Balance—$23.75
Just woke up and had a nice little surprise, the short on USD/CAD is up to $3 if I close right now, I think I am going to keep it open. IF I were to close right now I would be at $26.78.
Any reason for me to close? Maybe a more experienced trader will stop by and give me some advice.