So this was probably my first and last ever FOREX deposit

Quote from OTCkrak:

not on your trade though, but others before and will be more... im sure you can learn to work around the market events.

good luck with your trading
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Sorry, let my emotions get the best of me. Being discretionary in a highly leveraged position was tougher to handle mentally than I anticipated.
 
Quote from Algo_Design_Kid:



65 cent move in 30 seconds..

Is that even real? Im pretty pissed, but almost laughing at the same time - I'd rather piss my money away in options
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Unfortunately you have yourself to blame for not doing your homework on 3 fronts...

1. No stop
2. Unaware of economic calendar
3. Unaware of how big moves can be following news.

Also, it didn't move 65 CENTS.

Just be glad that you didn't have more money at risk. Trading a demo account would be of huge benefit so that you can acclimate to the price action without having to risk real $$$.

Just scale it back and try to proceed with extreme caution!!

Best of luck.
 
Quote from ScapGF:

Unfortunately you have yourself to blame for not doing your homework on 3 fronts...

1. No stop
2. Unaware of economic calendar
3. Unaware of how big moves can be following news.

Also, it didn't move 65 CENTS.

Just be glad that you didn't have more money at risk. Trading a demo account would be of huge benefit so that you can acclimate to the price action without having to risk real $$$.

Just scale it back and try to proceed with extreme caution!!

Best of luck.
More...

Yep totally my fault, now I have that calender on lockdown if/when I start back up. Lesson learned.

And it did move .65 infact
 
Quote from Algo_Design_Kid:


And it did move .65 infact [/B]
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Correct, was distracted when posting and thinking of other pairs.

Also, look at today's open. Big moves. Not much news. So it can happen at ANY time!

Stops are your friend:)
 
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