PSYCH JOURNAL NZDUSD Sep 1 2020

 Entered last night after running through all the stats for the 6 major pairs.

I found the stats and set up most favorable for NZDUSD.

Below are my Position Size and PnL calculations.



Comments

  1. Felt like shit. I saw the profits in Asia Time Zone at $10 in the morning and then holding it for 2 days or so, it dropped to -$8. I am really not sure what is the lesson learnt here. Its not greed for sure but perhaps learning to cope with the fact that not all break out trades work.

    At 5pm today, I reentered the trade. It is kind of a bet that NFP will do worse than expectations? Is it another wrong move?

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