Decided to get back into it after 4 years of taking a break from trading. Starting account balance is $4,000. Will be using the same simple guidelines to take trades: trade in the direction of the medium-term trend, use candlestick signals for entries and exits, and get at least 2:1 reward/risk ratio.
First trade made yesterday. LONG NZD/JPY 1 STANDARD LOT @76.75 average
Medium trend is bullish, entered too early IMO. Could’ve waited for the 70pip dip down. SL @76.72, TP@77.25
Update: 11/14/18 8:33 AM
Before sleeping last night around 11PM, I closed half of the position at @76.25, moved the TP to 77.45 and then moved SL to 76.92. So i had no overnight risk. TP got hit overnight for a total profit of $504. Current account value at $4506.46.