Trade #15 EURGBP Failed - This is how it went wrong.
Market has gone 'to the wrong side' unfortunately. The process of trading was very cautious and even so the market has punished ruthless.
Prices float in consolidation now, which I did not expect. I was supposed to do so! This adds to my experience.
Loss of 195 pips.
___________________
Money management of my trades. There are two targets: the first one is at least double of the target two (the farthest). The proportion is 2/1. So, 2 lots for target one and one lot for target two.
Prices float in consolidation now, which I did not expect. I was supposed to do so! This adds to my experience.
Loss of 195 pips.
___________________
Money management of my trades. There are two targets: the first one is at least double of the target two (the farthest). The proportion is 2/1. So, 2 lots for target one and one lot for target two.
