Jhee sometimes it feels like this trillion dollar market knows my 2 pounds per pip is there :/ Story of my life last 2 weeks, had about 15 trades like this, cost me around 20 % of my account{image}
1.- You are trading AUDUSD, this pair isn't a GBPJPY or EURNZD plus the five minutes timeframe I think that 20 pips are enough for one position. If you don't have enough pips you can move your stoploss to breakeven when the prize move in your direction. The amount of pips for move stoploss to breakeven is up on you, you must figure out how is the volatility of market at the moment.
2.- You can split positions. Doing that you can close on profit and let the other run.
3.- And the last one, PATIENCE. Look at your chart, all the position could have been close on profit. I don't kwon your system, but you must think about what did you made those decisions. Remember all mistakes are worth if you can learn for them.
Keep trying, practice makes perfect. But if you want to stay long in this market i suggest you to reduce your lots.
As i said before feel free to follow my advises.
PD: Just out of curiosity, how you put your stoploss? The price of them was perfect entries for sell.
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