Tuesday, November 25, 2014

Trading Result

Today, I entered 12 trades and ended up losing 9 of them! What I noticed I did wrong was that I was entering trades that were pretty close to support and resistance, so it didn't work out. I also noticed that I need a trading time frame of at least an hour. The good thing though is that I can mainly rely on my 1-hour chart to get it going.

I'll try again and see how it ends up. Fortunately, I'm not losing that much from losing all these trades so it's really nice that I'm getting a lot of chances to just have fun with it. If I end up blowing my account, then I have Forex to invest in anyway and also stuff to work on for upgrading my career and salary.