The Forex Diary – 7-14-09

Over the last few trading days, I’ve taken some losses but still been able to maintain a balance high enough to trade five mini lots without getting a margin call.

Sunday and Monday EUR/USD session, I decided to try a simple moving average trading system. The volatility was so low it was impossible to make any money. Last night I had entered a trade and was right but get shaken out because of fear. Another lesson I have to master. I took an $8.00 loss rather than a $20.00 gain because I was over leveraged. Is there any other way to get my account up in value other than over-trading. Yes, patience and hitting just a few singles.