When I was trading demo I did not let other's opinions influence me, and at first, I started with my real trading the same way, but as soon as I took one loss, I was a deer in the headlights. I've been super sloppy, getting in and out of positions without sound analysis, not trusting what I'd been doing prior, etc.
If I'm day trading, I can just go for 1:1 risk/reward scenarios as I was doing, or even the 1/1.5 that I had gotten comfortable with, usually in the form of 20 pip stop loss, 30 pip objective. I closed this trade too soon instead of moving stop to break even and just seeing what it could do. I could've gotten the 30 pips back from the losing EURUSD trade.
Alas, I was influenced by somebody else's idea of the trade and closed it.
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