Wednesday, 24 July 2013

Trade 0008: Cut Loss with a Positive Mindset

Date 24/July/2013
Entry @ 1330.60
Exit @ 1344.40
Harvest : -1380 Pips

I must admit I was wrong. During price reversal to a certain level, I have to cut loss no matter what. This is a great example and a reminder for myself that I need to keep learning and see the plan thoroughly. Psychologically I feel great as I do not "revenge". The techniques I am learning is not just about winning, but also having the ability to recover from losses in case that I am wrong. Learn from the losses and moving to the NEXT trade!


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