pretty exiting day.
full of challenges for me. but i'm happy things turned out the way they did.
as i failed to adapt to a dropping euro, mainly due to time zones, i was to sleepy to care (should not have been trading)
but the euro went more than 120 pips against my position,
i saw it drop and drop and i was completely underwater.
i took the punches and looked for a way to wiggle out of my position. i kept my cool and hedge on the pound, i averaged down and rescued.
and right now im only $13.00 dollars underwater.
this comes to reafirm me that the money management that is taught every where is flawed.
its not about how much are we willing to lose on a trade
but how we troubleshoot when we are close to shitting our pants
balls of steel and cool head
full of challenges for me. but i'm happy things turned out the way they did.
as i failed to adapt to a dropping euro, mainly due to time zones, i was to sleepy to care (should not have been trading)
but the euro went more than 120 pips against my position,
i saw it drop and drop and i was completely underwater.
i took the punches and looked for a way to wiggle out of my position. i kept my cool and hedge on the pound, i averaged down and rescued.
and right now im only $13.00 dollars underwater.
this comes to reafirm me that the money management that is taught every where is flawed.
its not about how much are we willing to lose on a trade
but how we troubleshoot when we are close to shitting our pants
balls of steel and cool head
AVT INVENIAM VIAM AVT FACIAM