It does not feel good to blog about losing. Neither does it feel too bad. But it is good to blog about the losses as well, because that is the reality of trading, investing or anything else in life for that matter. In trading, losses are part and parcel. Some traders say it is the cost of trading. I agree. So I keep my losses manageable and bite-sized. It does not affect me much emotionally or financially. I am not going to scream my head off over this.
So what do I lose? If you have to ask, then you really have not been reading my blog, have you. No matter, the loss is 1R as usual. What is 1R? 1R is 1% of my trading capital. What is my trading capital? My trading capital is the amount of monies in my trading account. What is my trading account? My trading account is a forex margin account with Dukascopy.
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