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JOby u/jokomahmud·16dDiscussion

NFP and the lure of 'just one more trade'

I've been trading long enough to know better, but the siren call of a post-NFP volatile market is still something I grapple with. A few months back, I had a solid profit on $EURUSD after the initial NFP reaction faded, but instead of walking away, I saw another potential swing play. It looked good on paper, but I ended up overtrading, chasing a move that wasn't there, and gave back a good chunk of my gains. Lesson learned, again: sometimes the best trade is no trade, especially after a major event has already done its dance.

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