Forecasted GBPUSD live
To be honest trading this account now is taking too much of my focus. I will start a new journal with one of the accounts I manage.
Small account can be done again, when I have the time. I really want to test my abilities by growing a very small account to a big number. This journal is on PAUSE for now.
And what do these patterns mean? Increased selling pressure?
Which patterns?
Posted a video for the interested ones. This is how to simply prepare.
Normal account journal.
The mistakes I made with trading such a small account:
- Over leveraging
- Not having enough patience, as such a small capital takes A LOT of patience.
- Need to stay focused with the % in stead of absolute numbers. Someone with only this amount of money to trade with, can not be aggressive. That is the mindset I need to implement here.
If you are trading under $100, each trade should like $1-5.
Watch your risk control and learn bankroll management.
This yes. Small accounts make me want to trade very aggressively I noticed. It is a bad habit.
Indeed! Let’s see what happens.
Here we go again.
Currently has €9,52. Will use this to start a new small account challenge!
Selling EURUSD here.
GBPUSD - sell
Bit of a riskier entry, yet worth the risk-to-reward. I am looking for a continuation down of the W1 downtrend.
One entry closed.
Account status €10.07
Higher entry Gu closed witih a loss, but compensated with Eu profit. BE.
Account status: €9,66
Hit BE.
Account status: €11,28
Hit BE. Account status: €11,30