During the last week of trading in October, I experienced an internet outraged and it drained over 40% of my trading account. The problems start to occur when after placing my short trade with EURUSD, I am unable to get good internet signal to place my stop loss point. I am in that situation for quite some time until nearly 3:00 am (Brunei time). My only reference for the market movements was CNBC channel, and I only able to watch helplessly to the sudden bull movement of EURUSD.
Right now, to what I would like to call 'damage control', is to trade at the most minimum risk and to re-build my cash inventory. There's some good profitable and big movement in the market but I am unable to get into the boat due to the risk involved which are way too high for my trading account to handle.
All this while, I am only trading on the 1-minute chart to reduce my risk with very small stop losses usually offered trading the 1-minute chart.
I will be waiting for the mother of all market mover this Friday night around 9:30 pm Brunei. I will be using the hedging technique and trading the 1-minute chart.
Until then...happy trading guys ;)
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