Hello, everyone. I thought I'd begin a trade journal for anybody to follow. I will post my trades here together with charts along with a mindset of why I started this particular trade and what I expect from it.
My thread is titled the way it's because I dropped everything in the 2008 recession after being laid off (didn't trade then). About 2013, things finally began to appear and I would like to see where it takes me.
My interest in forex happened as a quest to learn how to trade stocks. I had been had no cash to hang as a pupil, I from curiosity wanted to see whether there was a way the stock market might have contributed signs before it tanked the way it did. Some individuals profited hugely shorting stocks so I believed clues could be discovered and possibly I could avoiding loosing everything as I did in 2008. I had been known to babypips and rather than moving to stocks, I decided to perform FX.
I'm a manual trader with a rigorous focus on SR trading over the lower TF using but make use higher TF tendencies as a guide. I do listen to the news as well but those are skeptical entries. I got the rate change right for AUD (down to 2%) but not on the chart, haha. I've a small live account with cash I can afford to gamble with.
My journal isn't to seek out correct trades but to learn how to learn to limit my losses. Strange but its what I need to work on here we go! So many of my time is analyzing when I must escape a transaction or when I should cut my losses.
I had a massive loss a day or two past so the goal is to recover it first.