Thursday, September 27, 2007

Almost Spoilt Today's Success



I was happy with my 50pips profit early in the day. I decided to close for the day and go sleep. But...
Electricity was restored and i was tempted to enter another trade against sound money management principles.
Well, learnt my lesson today. After daily targets, no more trades.
I went long on GBP/USD pair and the pair fell so sharply to -60pips, due to an announcement that i was supposed to take not of.
Thank God, after hours of waiting for the trend to reverse, i finally exited the trade at -19pips, bringing todays profit to +31pips.

That's not too bad for starters. Tomorrow is another day

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