I was stopped out of another trade, this time $178. While viewing MT5, looking for an entry point, I noticed a daily rise and fall of the EURUSD pair. I'm going to try to capitalize on it tomorrow. Today I entered another trade on the GPDUSD. It looks like I bought instead of sold, however. I don't know how I made that mistake, but I'm definitely learning a lot about what not to do.
I haven't gotten much studying done today, but I am viewing the charts even as I type this. Family has been consuming, and I'm thankful for that. When you have time to make moves in any area, get it while the getting is good. That's all I have for now, utilizing Trend Rider and Trend Bouncer swing strategies. I have to get off this negative streak. Oh no, it's at -$177 right now, getting close to my SL!
Petit Entry
Yesterday was the most uneventful trading day as of yet. I was only able to access my trades through my mobile app. After spending a few hours on the desktop platform, the mobile app is obviously more limiting. Here are some differences to note:
- For each time I set a chart, the settings are used on every currency pair. It remains until I change it. That translates to one strategy approach for all currency pairs. Then, I have to change the indicators before using another strategy.
- No Help topics, so I can't study the platform on the go. There is a news section, but it's been empty every time I've checked it.
- I can not modify my SL and TP after entering a trade.
Alright, that's actually not so bad. On the RobinHood front, there's been a little positive movement on my holdings, and I'll continue studying options later today.
I found it difficult to be outside of trades yesterday, I wanted to enter although there were no good signals for neither Trend Rider nor Trend Bouncer. Discipline can be difficult. It's a good thing.
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