Winning trade that contributed to our forex trading performance was Silver, GBPUSD and GBP crosses
1. Was following rules and sticking to target profit that tough? When I have given the levels, was it so tough to stick to it? What’s the reason for not maintaining profitability? Have you thought of it rather than blaming on a method?
2. Did you see price fluctuation and decided to run away from your profit? Did you decide to stick through thick and thin when you have losses?
3. Trading is about method, but most of the time, trading is about your mentality and psychology….you have to fight to win yourself not the market. But facing this reality -that’s it is our own weakness is often hard, isn’t it? I have to be fair still. There are indeed monkey methods.
Forex trading performance for Week 33 scored total pips 640 pips
See breakdown and explanation of trades below.
EURAUD average gained 63 pips
AUDCAD lost 47 pips
GBPUSD average gained 152 pips
EURUSD gained 81 pips
GBPUSD gained 60 pips
GBPAUD gained 145 pips
USDJPY gained 100 pips
XAGUSD gained 86 ticks
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Went for a short holiday; very little trades this week