I'll be posting recaps of my live trades in this journal using a system I like to call The Power of Three. I'm very excited about this system and the results it will deliver. It uses solid time frames and indicators to determine the trend. More importantly, exactly when to enter and when to exit.
However, after keeping a close eye on the Forex for five years, knowing what to do seems to be the easy part. It's the, "Get in now before it starts going where it should go" and "Close the trade before it goes against me anymore" that I still struggle with.
Some of the phrases that often go through my mind are;
“Focus, patience, discipline, perseverance.”
“If you just get in and it goes against you, get out! You can always get back in”
“Before you get in, know where you are getting out.”
“Good trades take weeks to mature.”
However, after keeping a close eye on the Forex for five years, knowing what to do seems to be the easy part. It's the, "Get in now before it starts going where it should go" and "Close the trade before it goes against me anymore" that I still struggle with.
Some of the phrases that often go through my mind are;
“Focus, patience, discipline, perseverance.”
“If you just get in and it goes against you, get out! You can always get back in”
“Before you get in, know where you are getting out.”
“Good trades take weeks to mature.”