21st June, 2013

The Friday Effect – an extended, exaggerated, unidirectional move.

1. Randomly converting some 1 lot scalp-position into a “view” and casually going on averaging; eventually building up 8 lots there, in a move that went against me by around 14-15 ticks! Was very very lucky to get out this time without much damage. But this is exactly the type of thing that in one shot COMPLETELY RUINS my account.
2. ^^Thus on the wrong side of the Friday move.


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