I made some terrible impulsive moves this morning while trading EURUSD. I wanted so badly to get back into this game that I dropped all logic. I kept changing back and forth between long and short. And I lost a lot of money.
I need to come up with some sort of strategy to prevent me from trading based on impulse. It also needs to provide me with a money management framework. I'm thinking each and every trade needs to be charted and commented upon...
Despite the losses ($14 or so), I at least cut my losses and turned off the program before killing my entire account. If I left my short on I would've lost way more than $14...
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