March 5, 2008
I came to terms with my AUD/USD loss yesterday. The reasons given were mainly due to the RBA's Governor's dovish statement. Despite the rate increase, the Aussie headed south.
Today, I entered EUR/JPY and AUD/USD early in the morning. After putting the necessary stop losses and take profits levels, I went off to fetch my Sabahan friend, John Phung. I was out with him until 12 midnight. By the time I checked my trade, I hit both my stop losses.
Another bad trading day. Lessons learned: Always monitor your trade. I did register profits before hitting the stop losses but was not there to take them.
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