Two months live trading, my account is bleeding.
Must control emotions.
At 50% loss, I need discipline.
I need proper money management.
I'm going to specialize in GBP/JPY.
Not gonna trade any other pairs.
Drama
Anyway, technically this would be my first time to trade forex. I wasn't the one who wiped out my forex fund before. I hired a trigger man whom wiped out the account and left me with $48 to play with.
As part of my disciplinary action, I'm going to log all of my gbp/jpy trades here and hope people in this forum help me pin point what I'm doing wrong.
Trading system:
Auslanco-GBP/JPY Strength Indicator Strategy: 15 MINUTE STRATEGY
Forecasting: Fibonacci and eWave
That's all for now, be back later.