Why Can't I Trade?!

Started the day looking for sells and took the sell at 15602 when the early morning push failed to make new highs. Got lucky on the exit as originally wanted 50pips but got 60 with the manual entry with a 20 pip stop.

Price is currently retracing so will look for another sell back below 15553. If we get back above 15580 then I will probably stop trading today.

Favorable reward to risk.
Keep it up - and you will be back in the black soon.

Little update, the account has been growing well over the summer and autumn and now in to winter. Currently I am +78.8% and this has been largely through being much more disciplined in taking profits and cutting losers with a physical stop.

I have continued to trade only in my directional bias and I am way less active in the market than I previously was which has meant I am waiting for the setups that I know continue to appear.

Plan for this year is to continue with this system in trading in one direction and buying or selling the retracements with good R:R and risk management. I'll also start to incorporate more pairs too along the way too but not in any large volume until I have traded them for a few months first.

Hoping to continue the progress in to 2016 and beyond.

The three keys to trading are psychology, risk management and patience. If you're in a good place mentally, willing to wait for the RIGHT setups, have good risk management and risk to reward, then you should be profitable long term.