Euro / U.S. DollarShort
EURUSD H1 Short (Rant)
I'm very new to trading and still trying to learn what the heck I'm doing and what I'm doing wrong. Today this trade presented itself and I just want to rant about my fear and inability to let the trade run it's course.
I know it takes time. I know I need to be more patient. Instead of letting my initial trade go the distance, I took profit early, then added a new trade when I saw it was continuing in my direction. Stupid me took the profit from that one early too and then put in a third trade which is when it began retracing. Then the fear of the retracement being a change in direction I closed out of the third trade at a loss which actually wiped out the two profitable trades.
If you have any help or advice for a newbie, please feel free to comment below.
I know it takes time. I know I need to be more patient. Instead of letting my initial trade go the distance, I took profit early, then added a new trade when I saw it was continuing in my direction. Stupid me took the profit from that one early too and then put in a third trade which is when it began retracing. Then the fear of the retracement being a change in direction I closed out of the third trade at a loss which actually wiped out the two profitable trades.
If you have any help or advice for a newbie, please feel free to comment below.
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