10.30am.
Realised I can never reach my previous capital level is I do not take higher risk.
Decided to put the daily stop loss level of $50/- in just one pair. The silver pair.
Based on the 4 hr chart, the pair has reached it's resistent level. The only worry factor is that it's sitting on the SMA34 moving average. I am hoping that the down trend is strong enough to push it over the edge.
Went in to buy 50 lots short silver at 32.5775. SL set at 33.331. Hv not set TP target. Potential loss for this trade $50/- Make or break my account today.. leaving it to this order.
Current cash balance 287
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