Changing directions



I had around 8 pips unrealized scalp profit which I didn't take. It wasn't enough.
From there to -40 in next few trades. Then after the news I cut the loss with positive scalp to -22.
Then market changed direction again and I didn't.
End of day loss of -116 pips.
Good thing that I finally gave up because after my exit pound lost more that 40 additional pips and with my near double size it would be....

From time to time I get reminded why I scalp and why is 8 pips or 4 pips enough of profit. Because if I lose that open profit and some more day like this is high probability. Classical blow up day.





 

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