It's me again!
So I've given it more than a month and the reason for this is that's it's taken me longer than a month to figure out how I want to trade.
I've finally got a plan of action and I'm going to blog it here. My first action is to get myself out of some bad trades I'm already in.
I'm pleased to say that the plan is simple - it has a limited amount of risk to each trade, a positive R:R, wins more often than it loses (according to my backtesting) and it has clear targets on when to exit with profit or exit with a loss.
So once I've cleared the table and I've got my first trade underway - I'll be sure to keep a diary here.
Keep on keeping on!
So I've given it more than a month and the reason for this is that's it's taken me longer than a month to figure out how I want to trade.
I've finally got a plan of action and I'm going to blog it here. My first action is to get myself out of some bad trades I'm already in.
I'm pleased to say that the plan is simple - it has a limited amount of risk to each trade, a positive R:R, wins more often than it loses (according to my backtesting) and it has clear targets on when to exit with profit or exit with a loss.
So once I've cleared the table and I've got my first trade underway - I'll be sure to keep a diary here.
Keep on keeping on!