Live Trade Overview
A Teen Trader is an educational Site Only. Risk what you can afford to lose.
Today was my first school inflicted loss, HAHAH rip. I entered buys and was in plenty profit deep. Swear down, teacher gives a pop quiz right before USD news which fueled move down so i lost -9 pips today. I made it all back later in the day, that post will be tomorrow keep an eye out for it 😀
This was a very simple entry, we had a Retest of previously rejected support. After seeing a rejection doji candle (meaning the wick was longer to the downside indicating rejection, not continuation). SO i took buys after this candle. I was in around 10 pips of profit before i got occupied. Stop loss was hit from the news that was released. Unfortunate. But Affordable, not massive risk.
How to improve:
Drop out of school? aha just kidding of course, knowledge is very very important and I plan on never stop learning, where its in college or later. Never stop. Money comes and goes, knowledge and experience doesn’t. I didn’t notice until over viewing trade, but this was a bearish third touch if you zoom out. ALWAYS ZOOM OUT! Anyways, this was an unfortunate trade, it is what it is.
Check out my NEW YouTube Video on FTR and FTB (here).