DislikedBought some audnzd. Aud CPI y/y on Wednesday. Maybe I can add at better prices.Ignored
Muni loves you all!
1
, -17
- #43,620
- Jul 8, 2023 5:14am Jul 8, 2023 5:14am
- Joined Jun 2010 | Status: Trader | 1,509 Posts
Last month was a little reminder to myself not to get overconfident about anything.
Actually had over 18% last month
.
The thing is, I was right about the trade but opened to many positions. Talking about GU here.
At first it went my direction, even thought I'll close out before lunch and take the profit.
But I was so confident that when I'm back from lunch I have the time to close. Instead it has gone sharply against me.
Closed the third. But I still had too many positions and it kept going against me. Closed another third.
Some relief came in but then it turned again against me. So I closed all positions to protect last remains of June profits. Couple days later it went to my direction
.
That's the result of increasing trade size. Now I'm back to normal and it seems I'm back on track again 
Actually had over 18% last month
.The thing is, I was right about the trade but opened to many positions. Talking about GU here.
At first it went my direction, even thought I'll close out before lunch and take the profit.
But I was so confident that when I'm back from lunch I have the time to close. Instead it has gone sharply against me.
Closed the third. But I still had too many positions and it kept going against me. Closed another third.
Some relief came in but then it turned again against me. So I closed all positions to protect last remains of June profits. Couple days later it went to my direction
.That's the result of increasing trade size
. Now I'm back to normal and it seems I'm back on track again