Yeah, I agree with Mokuro, the hardest thing is the money management and selecting the right R:R.
With my job, I will not be able to trade any time frame faster than 4H. So I'm thinking about using 2xATR for my stop loss or swing high/low if that's smaller. And setting my TP as 2xATR. I'm also thinking about using CaveManager Capital Protection so when I'm 50% to my TP to lock in 25% of my TP.
I would love to learn and use ME/ME but I'm a newbie so nowhere near doing it full time so time is limited due to my job. At the moment I think SE/SE would be the best for me but again, like Mokuro said, it's hard to decide where to set TP and SL.
With my job, I will not be able to trade any time frame faster than 4H. So I'm thinking about using 2xATR for my stop loss or swing high/low if that's smaller. And setting my TP as 2xATR. I'm also thinking about using CaveManager Capital Protection so when I'm 50% to my TP to lock in 25% of my TP.
I would love to learn and use ME/ME but I'm a newbie so nowhere near doing it full time so time is limited due to my job. At the moment I think SE/SE would be the best for me but again, like Mokuro said, it's hard to decide where to set TP and SL.