I tried to short the AUD/USD today, but I got taken out at breakeven. I'll probably short it again some other time then.
No trading today. I was just watching my USD/CAD position fluctuates a bit. It hasn't come back down to my breakeven point yet, so I am glad. However, what I really want is for USD/CAD to come back down, take my stop out, which is at breakeven, and let me re-enter at a better price. I just hate my original entry and I need to get a better one. If I failed to get another entry, that's fine. My capital is preserved and that's all that matters to me. PA
I love the position, but I just don't like the entry. So, I will keep the position open until it either hit my profit target or hit my stop loss at break-even. Having the position doesn't hurt, but closing the position now will eventually messed up the risk:reward in the long-run. PA
No trade this week. I will probably take some actions next week. Anyway, I have been losing a lot of motivation lately. I have gone through a few interviews and I still haven't got anything yet. I think I will need to work on my presentation skills. Also I have been very behind with my CFA study. I started to doubt the usefulness of this designation in my accounting career. I need to build enough motivation to continue to study the CFA materials. PA
PA, if your only motivation for CFA is for your accounting career, I, as a CFA, would not encourage you for this endeavor. The cost-benefit is not in your favor. Wouldn't you think a CPA is more valuable for an accountant?
I got an accounting designation already, but it's not CPA. You are right tho. The cost and benefit is not favorable. I would be better off learning programming and database management. I will consider a CPA depending on what job I end up with. Thanks for the advice! PA