Greetings!
What an awful image I found reviewing my forex experiment.
I used to take a screen capture once in a while when started in forex trading to keep some kind of journal... from ashes to ashes, and what an horrible image I found... this was one of the worst of a few that I´ve taken.
If you have some time, review the summary at the bottom... ouch!!!
Always remember, plan the trade and trade the plan. Never trade without a plan!!!
As you can see in this picture, just plain close price charts in one only timeframe, a lot of crosses and just hope. Bad way of trading and a disaster anticipated. A 400k sell position and BaM! price ran away like a rabbit to the other side, and without a stop...
The worst way to understand and learn what a margin call is.
Again... Don´t trade without a plan!
