Okay
On Thursday 04 October.
My first trades of the day was good.
Long on GBP/USD - +10pips
Long on GBP/USD - +14pips
then i started spoiling it:
Short on EUR/USD - -35pips (my worst loss so far). Guess i'll start hating this pair.
Another good buy
Long on GBP/USD - +24pips (TP was hit).
Would have been a good time to end the day, but i didn't
Long on EUR/USD again and lost 29pips. I guess i never learn.
Total Pips Profit - 50pips
Total Pips Lost - 64pips
Average - -14pips
then on Friday, 05 October, a major news day. I was set to reap all the pips but...
First trade
Short on GBP/USD - -23pips
During nes time
Short on USD/CAD - +16pips
After exiting, greed pushed me in again
Short on USD/CAD - -16pips
And for the much awaited US NFP release, when i was supposed to be in the mosque
Short GBP/USD - -25pips
Net : -48pips
I guess it dawned on me at this point that i was going to run my account out if i don't get disciplined and trade in control. Pledged to be more careful.
On Monday, 09 October, as usual on mondays, market was dull. Following my pledge not to over-trade anymore, i stayed out. But got +3pips from a Short on GBP/USD.
just into a position now, bought GBP/USD at a very low dip. Hope this will take care of some of the lossess recently.
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