june 21st

Sunday night I decided to put in a short USD/CAD, since I read on dailyfx that the dollar was continuing to fall and the canadian dollar was doing fairly well. Today, I started my new job and as a result could not check up on the trade throughout the day. Unfortunately, I have just returned home to see that I've lost almost $500 dollars, due to an unexpected bump in the dollar (something that has to do with China I think...). I had not put in a stop loss, and as a result am now faced with the devastating consequences. I put a stop order in place, and I'm going to leave the trade open a little longer in the hopes that it miraculously turns itself around...

Oh well. I guess my beginner's luck was bound to wear off eventually.