Gfxadvisor
Short

Lost on the Bulls and Rode on the Bears

FX:GBPUSD   British Pound/U.S. Dollar
37 2 3
Monday April 5 2016 turned my profits into a nightmare 70 percent loss with that 30 lots entry. Stupidity at its best
Bearing the consequence of the undiscipline trader, repeated mistakes will surely kill you. Im on a selling position bias raking back the profits and slapping myself to remind me of the suicidal undiscplined trader.
SoloPocono
a year ago
Wow..sorry about your loss...but *30* LOTS??!! I'm still just a babe-in-the-woods when it comes to trading and Forex & perhaps my 25+ yrs in emergency medicine has made me a bit cautious; but unless I had several hundred million in my disposable income stash, I can't see EVER risking even 1/5th that amt!
Was it an entry error? (Which I did in Demo, lol, but at 1000 lots, the platform rejected the trade)
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Gfxadvisor SoloPocono
a year ago
yeah entry erro -- I didn't see that bearish sloping resistance when you draw it on the higher time frame. I was so careless. anyway. always have the checklist posted in front of you and follow entry
that is in confluence with your system. well today we made big pips but only 4 lots raked 60 pips
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