DislikedHi Billionaire,
here is my blotter:
S x 1 x USDJPY x 109.75 0415 GMT Scout
S x 4 x USDJPY x 109.87 0450 GMT Rescue 1
S x 25 x USDJPY x 110.00 0515 GMT Rescue 2
S x 200 x USDJPY x 110.26 0630 GMT Rescue 3
B x 200 x USDJPY x 110.20 0640 GMT
B x 29 x USDJPY x 110.00 0700 GMT
Just for info: I'm trading minilots, that means largest position were 20 Lots, not 200 ;-)
I'm running some exercises for myself to get rid of the fear to trade large positions with real money. That's the reason, why I added so agressively in my rescues.Ignored
when i look at ur blotter, i smiled. lol
becareful, i was where you were many many months ago, the day i and Lusan got killed real bad by fast markets.
1. u did a x4 when u were 12pips away. when a x2 would only require u 4pips to breakeven. be flexible with the skews but also do the maths.
2. u did not use a fibo progression. i think fti mentioned before, 1,2,5 for attacks and 1,3,8 for rescues.
3. try to give the scout more time to bleed next time ard dont be too worried with minute losses.
4. That sizing looks alot like scorpiion to me, trust me when i say this bro, be very careful less u realy don mind losing it all.