DislikedSounds like a few of you had a bad week.. Here is a thought.. If trading Fed decisions and NFP isn't your thing... Take the day off... next time.. You don't have to master every situation.. You don't have to trade every day to be a trader.. When you have the discipline to sit out days that you suck at.. And when your willing to wait for conditions to be right... Thats when you will have a better shot at having more good weeks and being profitable... You only need to master one thing to make it ... I had a good week.. I know I suck at fed and at...Ignored
However I think the biggest problem for the vast majority of small retail traders is overtrading. I suppose a lot of of that can be attributed to "gambling addiction". The allure of possible big bucks using a very small amount of capital is huge. Really, that is gambling and it's addictive! A few succeed (very few!) but most who fall into the trap lose their pants. After 8 years of trading I should know! My advice is trade only the Daily charts - look for a setup that ticks all the boxes and try at least 50 pips - 150 pips if possible. Go for a very maximum of 3 trades a week - less if possible. The market and your broker will hate you but are we trading to make them rich??
5
️
Just one question really, do you set limit trades as these oversold/overbought areas or are you opening the trades manually? Whatever - well done again
) 
