My mistake of not taking profits cost me more than 60% of my account.
My mind was fixed on my target to get hit that I didn't even observe the budget news.
and after budget news, market rally more than 3% from it's lows. Even after that I didn't exit on break even just kept watching my account shrink.
Need to be very strict with my stop loss strategy.
Better to cut loss soon then let it bleed.
My mind was fixed on my target to get hit that I didn't even observe the budget news.
and after budget news, market rally more than 3% from it's lows. Even after that I didn't exit on break even just kept watching my account shrink.
Need to be very strict with my stop loss strategy.
Better to cut loss soon then let it bleed.
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