i did 4 longer termers at the start of the week. 3 went to target and 1 went to stopout. i made 10% on my acct.
however my risk management was not good.
the big thing that allowed me to just let the 3 gaps run is the ongoing weakness in jpy which improved the chances of a long xxxjpy coming right. not total though, cadjpy went down.
the other trade was a proper pullback in an uptrend that went to target and beyond.
it looks like rank amateurs can get it right some of the time. the work comes in with getting consistency and getting the risk management right.
it is much easier to make non fearful decisions when trading demo. as long as i dont make silly ones then it is ok.
