Just my 2 cents, and please keep in mind I'm still a noob...
First of all the saying goes: 'The market can stay irrational longer than you can stay solvent'. I do believe your fundamental analysis is correct, and in fact I'm only taking short trades on EU at the moment (well, not today, with the greek and french elections coming and the total unpredictability of the reaction to that events). But I think that you don't let the trades play out. If I remember the book correctly, Livermore didn't go all in within hours of the first, testing trade, but waited sometimes days or weeks to 'be proven right'.
If this account wasn't demo, I would kill the trades and wait for monday until comitting more funds.
First of all the saying goes: 'The market can stay irrational longer than you can stay solvent'. I do believe your fundamental analysis is correct, and in fact I'm only taking short trades on EU at the moment (well, not today, with the greek and french elections coming and the total unpredictability of the reaction to that events). But I think that you don't let the trades play out. If I remember the book correctly, Livermore didn't go all in within hours of the first, testing trade, but waited sometimes days or weeks to 'be proven right'.
If this account wasn't demo, I would kill the trades and wait for monday until comitting more funds.
Fail better.