Yeeap!, The FX trading gods found me last week. On Thursday. It was like I was trading surrounded by a space sheild! 9 straight winning trades in a row. Made almost 75% in the account that day. It was like christmas!
Then Friday I lost back 50% because of poor money management skills. My space sheild went down and I doubled down on a looser I let run too long that really bit me in the hoo-hoo trading USD/JPY between 10-4 Friday.:eek:
So what did I learn this week?
-
I learned I CAN make money trading Forex.
-
I WILL loose all my money by not sticking to 2-3% trades.
-
I learned that using simple T/A can be very profitable if used properly.
-
Market conditions are always changing. Dont trade during slow markets or
when news is going to be released.That is all. Thanks for letting me share that=)