I worked myself into an interesting position today, shorting the eur/usd moves with trade sizes several times my "full trade size". Usually, I risk less than 1percent per trade but today, I was and still am pushing the risk level up above 4 percent.
I'm okay with this. I'm a little further leveraged than I would like to be but I'm sticking to my guns on this one. I have on going shorts scaled from 1.405 to 1.41, targets right now at 1.4025, stops above 1.414.
While this morning was a bit of a headache, taking a 2perc loss on an earlier half size eur/usd short, I'm quite calm and collected now.
I'm sorry I didn't post earlier but I wanted to keep my mind free of doubt, guilt, etc, no matter how deserving.
Today will be turning up the heat on future trades and moving away from the less than 1 perc risk taken on trades. I'm bored with that. I see hardly any reward. I have a 65-75perc batting average with trades and I need to trade a size/risk that reflects such.
More later, good afternoon :)
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