I Was Right, But Still Lost the Trade – My Painful GBPJPY Lesson

📉 I Was Right, But Still Lost the Trade — Here’s Why That Happens (And How I’m Fixing It)

Date: June 19, 2025
Pair: GBPJPY (1H Timeframe)

This trade hurt — not because I was wrong, but because I was right… too early. The direction was clear, the level was valid. But I ignored one thing:

❌ Confirmation.

If I had waited for a clean breakout and retest, I would’ve caught the move. But instead, I saw the first bullish candle and jumped in — no break, no retest, just vibes.

GBPJPY Mistake Trade
The GBPJPY trade that taught me a painful truth.

💥 Here’s Exactly What Happened:

  • I entered at 194.9 after spotting a bullish candle at a zone.
  • The market dipped just enough to hit my stop loss.
  • Then reversed and exploded upward in my direction.

That was the moment I realized the market wasn’t the problem — my timing and execution were.

🧠 My 3 Big Mistakes:

  1. Entered Without Breakout + Retest: I didn’t wait for structure confirmation.
  2. Used 5-Lot Entry on Demo: It forced me into using a tight stop-loss that couldn’t breathe.
  3. Let Emotion Control Execution: I was too eager to “catch the move” instead of letting it confirm.

✅ What I’m Doing Differently Now:

  • Only enter after break + retest + strong candle close.
  • Lot size must fit my stop-loss — not the other way around.
  • Trade setups, not impulses. Patience is now my entry trigger.

🎯 Final Words

This was a demo trade — but the lessons are real. These mistakes would’ve cost me a live prop account.

So I’m documenting this not just for myself, but for anyone out there rushing entries, using max lots, and wondering why the market keeps reversing right after they enter.

Trading isn’t about being right.
It’s about having the discipline to wait, the wisdom to size right, and the humility to learn.


👇 Follow me on X for more lessons and raw trade breakdowns:
@seunforex on X

💬 Have you ever been right about direction but still lost the trade? Share your story in the comments below. Let’s grow together.

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