Yow! Not only was that Pound short wiped out very quickly (~5 hrs), but Cable went on to new lows without me! That was another big fat position to lose straight away... but that's the nature of this game.
Short 1040 GBP/USD at 1.5579 stopped out at 1.5671 for a loss of -$9.62 or -5.83%
Also, a new FirstStrikePlus trade has triggered... a short in EUR/CAD.
Short 476 EUR/CAD at 1.4163 with stoploss at 1.4364
That trade is not looking great so far...sitting at around -45 points just now.
OneNightStand trades have also begun to trigger... all sitting at losses just now as well.
Short 385 GBP/USD at 1.5403 with stoploss at 1.5503
Long 410 USD/CHF at 1.0892 with stoploss at 1.0792
It's pretty much been sheer torture over the past couple of weeks. It's not the least bit unusual when using a strategy which can double an account in a couple of days. It's very painful, but I press on nonetheless. When one is ready to give up, the strategy is usually about to start producing profits again. That's trading, and that's why so few people are successful at it.
Current account equity: $149.48
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