$20 dollar challenge Second update
My first trade didn't work out which resulted in a $2.32 lost ,but earlier today I shorted Gbp/Jpy making back $1.32. As I was looking at this chart I noticed that this has formed an inverted cup and handle pattern.My plan is to short this and hold my position for a few days. I won't have any stops in place so this could end it all or it could be the start of something good lol.
Entry:138.844
Size position: .05
Current balance:19.00
Quote:"Sometimes failure is merely chasing you off the wrong road and onto the right one"-Paul Tudor Jones
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Entry:138.844
Size position: .05
Current balance:19.00
Quote:"Sometimes failure is merely chasing you off the wrong road and onto the right one"-Paul Tudor Jones
Trader essential from Amazon
1. amzn.to/2Vn1xG0 -Tylenol Extra Strength Rapid Release (LOL)
2. amzn.to/2VTvHzW -Encyclopedia of Chart Patterns
3. amzn.to/2PTJ7a0 -Apple MacBook Pro
4. amzn.to/2HaZGeR -OLLY Goodbye Stress Gummy,
5. amzn.to/2weNofb - Lenovo Ideacentre AIO 520S 23-Inch Desktop Computer (Intel Core i5-7200U, 16GB DDR4, 1TB HDD, Intel HD Graphics 620, Windows 10), F0CU0001US
6. amzn.to/2weNrYp- Apple iMac (21.5" Retina 4K display, 3.0GHz quad-core Intel Core i5, 8GB RAM, 1TB) - Silver
7. amzn.to/2Hojco1 -Dell i5680-7813BLU-PUS Inspiron Gaming PC Desktop 5680, Intel Core i7-8700, 16GB DDR4 Memory, 128GB SSD+2TB SATA HDD, NVIDIA GeForce GTX 1060, Recon Blue, Windows 10 64-bit
Trade active:
Adding to my position at 138.336. Lot size again .05.
Comment:
I made a big mistake adding to my position!! Leverage is a huge killer!! My second position got closed at a $18.96 lost. My current balance is .04 with my first position still open.I’m not sure if i will survive this.