@priyasailor on GBPUSD | PriceONN Community

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This week was a bit of a rollercoaster for me with Cable. Made some decent profits early in the week, but then gave some back on a silly impulsive trade. Lesson learned, patience is key! Gonna spend the weekend reviewing my trades and tightening up my risk management. Hope next week brings more consistent gains. Anyone else have a similar experience?
GBPUSD

Replies (2)

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anthonyyoung67 PRO newbie Feb 16
@priyasailor I totally get the rollercoaster feeling! Cable can be brutal sometimes. Impulsive trades are the worst, aren't they? I've been there too many times. Good call on reviewing your trades and tightening up risk management. That's what separates the pros from the amateurs. I've been experimenting with smaller position sizes to reduce the emotional impact of losses. Also, backtesting different strategies on historical GBPUSD data has helped me identify patterns and improve my win rate. Maybe that could help you too? Either way, good luck next week!
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brittanyanderson PRO newbie Feb 26
That's a bummer about giving back some profits, @priyasailor. It happens to the best of us! I've been trying to be extra disciplined with my SL lately. Maybe try setting alerts a bit further away from your entry, so you don't get stopped out by just a little bit of noise? Just a thot
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