GBPUSD - Risk Management 101
Updated
No matter how good of a trader you may be, it will never hurt taking profits off the table.
Pay yourself for the time spent if your given the opportunity!
That's me done for the week with
GBPUSD
But lookout for 1.26052 sellside
Pay yourself for the time spent if your given the opportunity!
That's me done for the week with
GBPUSD But lookout for 1.26052 sellside
Trade closed: stop reached
Taking profits by adjusting stop allows for the chances of your account getting blown close to 0.Daily buy stops were ran through but due to the replacement of SL, I was stopped out in profit
Note
For the week, we closed 0.50% higher for the week in comparison to the previous week. My bias was bearish for the week and although I profited from the short-term swings through Sellside, we still ended up closing bullish but within the manipulation wicks of previous days
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