Trading update for today

Right now, I’m sitting with quite a large loss to my name on EUR/USD which I have traded on. Why, oh why, did I have to short it. 😦 The most important thing that I learned today was that losses are relative. I found myself feeling happy that my position was in quite a big loss, only because it was higher previously and I was very lucky not to stay with it.

My biggest mistake today, was by far not putting a stop loss. My first ever post was about the importance of emotion in trading, and, at least today, I haven’t heeded my own advice.

I hope it gets better tomorrow.

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