$100k Challenge - EURGBP Short - T26 T1 - Trade Review
Hey all!
Well, some updates have arrived regarding the challenge, my apologies for the delay about this one. I have mixed feelings about this trade and I do consider there are some great insights to be gathered here, sooo, to the notes from the journal!
This trade ended up stopping out a few days ago. Overall, I think this is a good example of a trade that followed a plan correctly, but the plan could have been better. When executing this position I was aware of it being not-so-good but might be worth the shot, however, in hindsight, the main insight I gained through this SL is that it doesn't matter how big the risk-reward might be, what really matters is the setup quality, I'm trading to take a handful on high-quality positions, not to take many "decent enough" setups that I found a way to "make them worth it", and the main lesson here is that I should keep in mind closely that mindset.
Well, some updates have arrived regarding the challenge, my apologies for the delay about this one. I have mixed feelings about this trade and I do consider there are some great insights to be gathered here, sooo, to the notes from the journal!
This trade ended up stopping out a few days ago. Overall, I think this is a good example of a trade that followed a plan correctly, but the plan could have been better. When executing this position I was aware of it being not-so-good but might be worth the shot, however, in hindsight, the main insight I gained through this SL is that it doesn't matter how big the risk-reward might be, what really matters is the setup quality, I'm trading to take a handful on high-quality positions, not to take many "decent enough" setups that I found a way to "make them worth it", and the main lesson here is that I should keep in mind closely that mindset.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.