Earlier this month, my equity had dipped to a point lower than ever (about draw-down of about 10%), but breaking even and the journey back up is fulfilling. You bear in mind what not to do that causes the draw-downs, and so to avoid it, while in the process, discover new ways of making back these money.
Session: London.
Duration: 9 minutes.
Timeframe: 15M.
Technical: Fibonacci.
Fundamental: Nil.
Strategy: Price went up approaching London opening second hour. Sold on retracement after candle closes within 38.2% fibo. A very short scalp, @ higher position sizing (x3).
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Just a short scalp to end my day.
+5 pips.
Black.
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