I have made a losing trade this morning. Before you start criticizing me for taking the trade, you have to know that I am still a beginner at this.

You see that red line on the chart. That is my trade. I have placed a sell limit order at 1.33229 with a SL of 1.3392 and 1.32882 TP. That’s a P/L ratio of ~1.5. Read more