Yeah, right. But I tried to apply the rules and logic. Thnx. Sure I am still reading. Just getting to the good parts but there are so many pages. Just passed 200.
DislikedThe Logic behind your trade was good. But you need to work on your entry. The Stop-loss was too big in my opinion. Though I don't know the lot size you're trading, but your stop would have been at about 25PIPS at the previous swing low, which missed being taken out by about 3PIPS, all for a reward of 33PIPS in a market that wasn't trending at the moment? Was that a kind of blow you were willing to sustain on your account? protect your money my brother. Thats the FIRST RULE of the game. Hope not too harsh. Just my newwbie opinion. I'm still learning...Ignored
That's ok. I know. That's why I have burned 200 $ account twice.
This time almost burned but it is a bonus account so a good practice. Now I can take only one .01 trade.
Thanks for your warning.