Control your emotion
Thanks Guys! 
Short at 97.24 and 97.40
The momentum is against my trades. Will it be a case of selling the rumor and buy the fact?!
Very annoying! News disappoint and USD rally! It is like whatever I got big money and I do whatever I like!
I entered a bad trade in a bad moment. It is not going in my direction. I also double up because I though it can’t go up. That is where a margin call start, when you don’t accept what is happening, when you are losing some already, more than your normally risk and you don’t want to lose it because the market is supposed to go down and not up.
That is where a margin call begin. That is where a trader fail. It is when you are sure of something and don’t accept that you can be wrong, yes, because in the market there is not right or wrong, there is only what happen. It is useless to fight the market. Better to follow it. That is why we should always put stops and take profits and keep a 3-1 RR with a 1% MM in place. And whatever happens happen, because there are only probabilities, not right or wrong, nothing is absolute, just probabilities!
But this time no. I won’t ever have another margin call. And from now on I will always put a stop loss and take profit right away and I won’t ever double up any of my trades again. BIG NO! THREE TIMES NO!
I want to make money and become profitable. I don’t want to get rich quick or die!
I will keep the 2 positions open over the weekend. I will decide what to do when the market will open back. Disaster SL placed at 98.70
Apparently rising yields could boost USD/JPY. I am definitely in a dangerous trade right now.
SL moved at 98
Free time during the weekend will be used to carry on with some Forex trading studying that I definally enjoy to do!
SL moved at 98.35
I didn’t sell again at 98
I will sell again at 98.15 and 98.25
Recipe for a disaster. I have to learn not to put myself in such dangerous spot. This means always SL, TP and not double position. Learn to accept the losses.
Opened 2 Short position at 98.04
Closed all positions at 97.65
Probably it will keep going down. I could have waited more but the position was too big and I am happy to earn some pips at the end.
It felt more gambling than trading! The important is that I know where my mistake was and it is never ever gonna happen again. ST and TP right away and just 1 position in time. And now let’s count!
Lost 25 and 41 Won 39 and 39 = +12 pips
Total= 131 pips
Closed too early! Grrrrr!! Let’s see if to open another position or not.
Short position at 97.53
SL 97.69
TP 97
The stop has been moved at 97.83
I managed to move the stop before being hit.
Position closed at 97.33 (+20 pips)
Total= 151 pips
Long at 97.38
SL 97.30
TP 98
Lost 8 pips
Total: +143 pips
Short at 97.24
SL 97.34
TP 97
Closed at 97.10 (+14 pips)
Total: +157 pips
Missed the entry for long position at 97.035 because of fear and greed. This also means that I didn’t bank an extra 7 pips.
Lost 10 pips in a short position
Total: +147 pips
Short EUR/USD at 1.3393
SL 1.3423
TP 1.28 ( 
)
[QUOTE=Trasimaco; 520843] Short EUR/USD at 1.3393
SL 1.3423
TP 1.28 ( ) [/QUOTE]
I won’t be able to follow in the afternoon so I’ll be moving my SL at 1.3403 hoping the level 1.34 won’t be in play for the option game. Hopefully level 1.3350 or 1.3300 will be in play if any.
Lost 10 pips
Total: 137 pips
Short EUR/USD at 1.3435
SL 1.3455