4 hours and $620 gone. good thing it's only a demo account.What went wrong today?
All the exchanges was in a breakout situation today.
In a breakout situation, the direction of the rainbow line are not in the same direction.
Thus, the volatility is higher.
in a high volatile situation, the cross signal would pop up very often but would not be right.
Even, which the knowledge of the above, I entered into the market. Thus bringing in the losses.
Lesson learned : In a breakout situation, all four signal has to be fullfilled in order to enter the market.
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