Sorry Perfect was probably a poor choice of words. For me it means the point I'm comfortable making the trade with no nagging (should I shouldn't I). I'm trying hard to make the art of NOT Over Trading my edge.
I study the charts, look at fundimentals etc. I dont trade when certain reports etc are due no matter the potential profit on the trade. Hell I work at a bank and I ask the experts :-).
I have only started to become profitable when I made profit the secondary impulse (still working hard on that) and made RISK number one.
My AIM is to lose nothing each week (yes unachievable but it keeps me focused on the risk). Focusing on the risk has made me profitable, focusing on profit only leads to losses for me.
I study the charts, look at fundimentals etc. I dont trade when certain reports etc are due no matter the potential profit on the trade. Hell I work at a bank and I ask the experts :-).
I have only started to become profitable when I made profit the secondary impulse (still working hard on that) and made RISK number one.
My AIM is to lose nothing each week (yes unachievable but it keeps me focused on the risk). Focusing on the risk has made me profitable, focusing on profit only leads to losses for me.
Looking to be a better trader