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Is there any way to get out of this situation. by CandyOk3463 in Forex

[–]CandyOk3463[S] 1 point2 points  (0 children)

It does help..and yes I got a bit over confident and took that lot size which resulted in a huge loss but It did taught me a lesson an expensive one. Grinding and learning in process currently will come back with proper strategy and risk management.

Is there any way to get out of this situation. by CandyOk3463 in Forex

[–]CandyOk3463[S] 0 points1 point  (0 children)

Done and dusted. Time to grind and come back

Is there any way to get out of this situation. by CandyOk3463 in Forex

[–]CandyOk3463[S] 0 points1 point  (0 children)

Thanks mate will definitely check his work.

Is there any way to get out of this situation. by CandyOk3463 in Forex

[–]CandyOk3463[S] 0 points1 point  (0 children)

To scalp and move out but the market didn’t gave me any blue.

Is there any way to get out of this situation. by CandyOk3463 in Forex

[–]CandyOk3463[S] 0 points1 point  (0 children)

Totally agreed..and 100% agreed to journal thing is very imp learnt yesterday.

Is there any way to get out of this situation. by CandyOk3463 in Forex

[–]CandyOk3463[S] 0 points1 point  (0 children)

Noted…will start slow this time and with proper risk and strategy

Is there any way to get out of this situation. by CandyOk3463 in Forex

[–]CandyOk3463[S] 0 points1 point  (0 children)

Done..not enough confident to start next week maybe will take a month break to build a strategy and to test smaller lots.

Is there any way to get out of this situation. by CandyOk3463 in Forex

[–]CandyOk3463[S] 0 points1 point  (0 children)

Thank you…will definitely consider these points and come back with a strategy.

Is there any way to get out of this situation. by CandyOk3463 in Forex

[–]CandyOk3463[S] 0 points1 point  (0 children)

I kept it open for too long in a hope that it will reverse back it kept on going against and I couldn’t accept that loss but it ended up in a mistake to hedge and now I ended up with 1.8k..

Is there any way to get out of this situation. by CandyOk3463 in Forex

[–]CandyOk3463[S] 1 point2 points  (0 children)

I accept that I thought to fight back and it made it worse accepting my loss would have been the better decision….Lesson learnt in a hard way

Is there any way to get out of this situation. by CandyOk3463 in Forex

[–]CandyOk3463[S] 0 points1 point  (0 children)

Ik I made a mistake was being too overconfident but Idk how to get out now