TRADING BLOG EP. 2 - EURUSD, -1%
In the last week of February, I took a long position on EURUSD that resulted in a loss. This goes to show that even though I personally am pretty picky with my trade setups, I still take losses. This does not lower my confidence in my trading system, instead I look for ways to improve it from my loss.
In this video I detail reasons why I took this loss, as there was an error in my setup. It was an avoidable error on my part; had I noticed my mistake before I entered the trade, I would have stayed out of the trade and not taken a loss all together. A small price to pay for a lesson learned.
Not every journal will be a winning post, but there will definitely still be knowledge to learn from the losers, maybe even more so than the winning ones.
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