I made some good trades in the beginning of the week, but failed to keep my profit. Another down for this week. Next week onwards, I will be taking up a challenge put to me by a senior forum member from Singapore Forex Trader Forum. Basically, I was to used a bigger timeframe to trade and also to have a different set up for my trade. I realised I had been trading with the wrong risk:reward ratio, hence every time I made a lost I will have to have a few wins to cover my lost. This is wrong strategy!
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