Back to trading forex in a Challenged account.
Few days ago i bought a challenged account on funding pips where i am currently training y hands back in the forex market in anticipation for the volatility in the forex market although cryptocurrency is more volatile but its kn forex that the main liquidity lies.
So yesterday after my TA i decided to trade downjones looking at the RSI in the over bought region i decided to sell the market, which i opend a position and got filling while the trade was moving towards my destination i quickly adjusted my stop loss to a little profit from my entery only for the market to hit my stop loss before going down furthermore to hit my Tp xone after taking out my stoploss. Similar thing also happened to me on the lower side while i was buying market also took out my stoploss before moving towards my direction.
The lesson learnt here is that i should rush to adjust my stoploss and allow the market to move reasonably before making any adjustment to my set up.
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