This thread will document my trading journey from Janurary to December 2023. I will set up a myfxbook and share the link during Q1 so others can see my progress.
I have had 2 attempts previously which i have shared on this forum. Whilst i had some initial success i realise now i made two key mistakes. Firstly i was targeting 30% a month which in hindsight made me take poor trades during quiet months to make this quota. Secondly my risk management and psychology was not where it needed to be.
I stepped back from live trading and spent 2022 working hard on these things as well as working on my edge. During 2023 i will only be trading one asset throughout the year. I will also be swing trading , focusing on very precise entries for significant R:R. I have no monthly percentage target , instead i am simply focusing purely on the process rather than outcomes.
I have had 2 attempts previously which i have shared on this forum. Whilst i had some initial success i realise now i made two key mistakes. Firstly i was targeting 30% a month which in hindsight made me take poor trades during quiet months to make this quota. Secondly my risk management and psychology was not where it needed to be.
I stepped back from live trading and spent 2022 working hard on these things as well as working on my edge. During 2023 i will only be trading one asset throughout the year. I will also be swing trading , focusing on very precise entries for significant R:R. I have no monthly percentage target , instead i am simply focusing purely on the process rather than outcomes.