I'm a rookie independent Forex trader who started trading live in 2012 with an account size of only £3,380. There's a stat that says 90% of traders fail. Follow my journey to see if I can beat the odds to become a successful trader and one day create a life of luxury, or if I become another victim of this ruthless business.
Here is a short trade on H4 CAD/CHF. Chart explains reason for entry, as well as entry, stop and target. Risk was 0.5% and aiming for 2:1 RR (Click chart to enlarge).
Here is the exit chart. Price hit my target and I made a profit of 2:1 RR.
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