Trading with challenge account

in #hive-167922last year

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Few days ago I almost blew my challenge account on funding pips as I was over laveraged on my positions forcing me to close my open positions at a loss as I was pre occupied by various offline activity. Trading the financial market needs dedication, timing and execution one tends to loose if one doesn't plan properly and practice proper risk management. Trading under pressure is a very bad ideal one seems to be marking too many mistakes in a hurry to make quick profit. Having a clear trading plan and journal to guild you is probably the best strategy as it will help you Guage your risk tolerance in the market and also provides guild to other trader on the activities of the market if it's properly documented and shared.

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