Closed out my long EUR/JPY position for a profit of +9%.
SG
bot 361.1
TW
bot 3063 add on once again, bot at 301.7 and 297.2 earlier in the week.
Self-proclaimed professional traders will call this averaging, but I call this increasing bet during winning streak. Not recommended for the faint hearted.
Adding on during a winning streak will come naturally when you mature as a trader. According to a popular futures trading guru cum trainer(name shall not be posted here as not to create too many enemies), adding on takes guts. But if you're unsure of yourself in the first place, why even trade? Or in my context, gamble for a living?
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