"Balance" Strategy Testing Day 11/60
Well, that was another 'learning experience.'
My USDCHF positions finally hit net positive! Great news, time to sell, right? Apparently, the new FIFO rules (that I should have read up on) affects my trading more than I expected. Closing a specific position at a profit wasn't a valid option. Doing a market order to close meant that my first position was closed. It closed at -0.67%, back into net negative for the account.
Not a big loss dollar wise, but dang. That could have been avoided if I was more on top of my research.
New averages: 0.89352 USDCHF, 1.20916 EURUSD. Time to go hit the books.
My USDCHF positions finally hit net positive! Great news, time to sell, right? Apparently, the new FIFO rules (that I should have read up on) affects my trading more than I expected. Closing a specific position at a profit wasn't a valid option. Doing a market order to close meant that my first position was closed. It closed at -0.67%, back into net negative for the account.
Not a big loss dollar wise, but dang. That could have been avoided if I was more on top of my research.
New averages: 0.89352 USDCHF, 1.20916 EURUSD. Time to go hit the books.
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