I'm starting this journal to help me succeed in trading and give me a place to write my thoughts on the market. Mainly doing this for my own benefit and to help me stay disciplined. I want to take trading seriously and treat it as business, hopefully this journal will help me do that.
My edge is trading pairs that are trending. I'll be using fib retrace to mark where I will enter and the location of my SL. My TP will be at least 2 x my SL. I will only close early if a major news event is coming up and I'm not comfortable keeping the trade open. Will keep risk low and trade around 3% per trade.
As I have a 9-5 job, I'll be using limit orders to enter the majority of my trades. Anyone following my trades, does so at their own risk
My edge is trading pairs that are trending. I'll be using fib retrace to mark where I will enter and the location of my SL. My TP will be at least 2 x my SL. I will only close early if a major news event is coming up and I'm not comfortable keeping the trade open. Will keep risk low and trade around 3% per trade.
As I have a 9-5 job, I'll be using limit orders to enter the majority of my trades. Anyone following my trades, does so at their own risk
