journeyofarookie2.0

Don't hesitate to pull the trigger

FX:AUDUSD   Australian Dollar/U.S. Dollar
54 0 3
I stopped live trading beginning of January to focus on my backtesting and my trading plan (and saving money to open a decent size account), and this week is the first week where I am able to trade live again.

Been spotting this pattern while doing my analysis, and did not realize that I had set orders both on my demo and live account; but I'm only allowed to trade CYPHER on my live account (and only on AUDUSD             and AUDCAD             because that's the only pairs I'm done backtesting that pattern). Noticed my mistake about an hour after my orders got filled, noted it as a BAD trade in my trading journal and pulled the trigger to get out of the position on my live account.

Stick to the plan, and when making mistake, take action             and get out of it right away ! No reason to stay in a BAD trade even if it's in profit !
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out