OANDA:EURAUD   Euro / Australian Dollar
Patience pays, remember every level will eventually be broken. got some positions in (0. 01 lots) there are 2 scenarios here.
1.My stops will be hit.
2.My tp will be hit.
either way i have accepted a loss before ive accepted a win.

Abit of advice from a noobie, before you take a position dont have expectations. so dont go into a trade with winning in mind. personally i accept a loss the moment i place a trade. this way you will deal better with losses rather than taking a trade and expecting a win.

when expectations are not met especially in trading, it will make you feel horrible.
Comment: got a buy in with a 40pip stop. Will let this run and see what happens. Risk Management is key. i only took a 0.01 lot trade. as i get better and my psychology improves so will my lot size. im not in competition with anyone.
Comment: still holding buys
Trade closed: stop reached
Comment: Added to spreadsheet

Comments

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