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Update… I lost the GBPCAD trade and and other trade I took on AUDNZD.
The losses incurred from both trades eventually took my account down to 10$.
Ended the week in a loss, we go again next week.
I also have an open position on NZDUSD that I’ll be holding over the weekend.
Remember the AUDCHF trade I closed at BE cos I was tired of holding and the market wasn’t really moving as I expected?… Here it is now.
I think I need to start employing the “sl or tp” approach 🥲
First trade EURNZD resulted in a loss ❌ while I closed the second trade(AUDCHF) at BE the second trade.
Over 30% of my account gone… Unto the next.
Please note I’m not employing proper risk management here obviously because of the account size.👍
Update!!
So I just hit full TP on the USDCAD and had to close the USDCHF halfway cos I was tired of holding… I mean it’s over a day.😂
These trades really tested my patience ngl😂
Account sitting at 17$ right now
Hopefully I take one or two good trades before the week runs out.
Here I’ve got long setups on both USDCAD and USDCHF.
I’ll take the risk entry approach and enter immediately price gets to my POI.
I’ve also got some other setups which I won’t be taking because of my account size.
Here I’ve got long setups on both USDCAD and USDCHF.
I’ll take the risk entry approach and enter immediately price gets to my POI.
I’ve also got some other setups which I won’t be taking because of my account size.