Wednesday, November 9, 2011
Had calculated stop-loss in my first trade, which was 70 pips away, 2% of my account.
Struggling its way up to my take-profit, a brutal London session sent Gbp/Usd about 150 pips down.
-70 pips, and then average down -70 pips, and another average down -70 pips.
Having no edge against the market is not as deadly as an uncontrolled tilt.
I am going to watch the TV and have some cookies n' cream ice cream for the night.
Like in a snake and ladder game - "Go Back to Start".