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Thursday, 12th October 2023

Losing Day!

This morning has been a difficult trading session during the Globex with slow shallow price action. 

Market only allowed for 1 to 2 tick profit at a time which helped me recover from the intraday drawdown with small size, this is the key to not let trading losses ruin the profits you worked for.

Traders await CPI figures release this afternoon at 1.30pm GMT after which we can expect volatility to return bringing trading opportunities with it.

Ending today's trading session with a -$105 loss including commissions.

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Defining lot size and risk management parameters.

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