B4 Elvis there was nothing
One trade per daily bar, or per X bars on current timeframe 0 replies
1 trade per pair per year 6 replies
multiple systems per pair/multiple pairs per system? 3 replies
Trading 24 hours per day, 5 days per week 14 replies
Disliked{quote} Also try to have the patience to wait for your A game setups. A Big mistake i made was i always wanted to get a trade on soon as i opened my platform instead of analysing first, i was frightened i would miss a move. Now im happy if i miss them. If it goes without me it wasnt my trade anyway. Another thing to look at is how many trades you have taken in the last 2wks. That will tell you if your overtrading. in my experience there are only 2 or 3 good trades a day or less sometime, just concentrate on a few pairs and trade the ones that suit...Ignored
Disliked{quote} Yes I admit I also trade juts to be in market without A+ setups. I am also doing another mistake to just trade for 20Pips target, I will try to change it. Thanks I will keep reading your threadIgnored
DislikedLETS TALK ABOUT STRATEGIES ... there are thousands of ways to trade. there is no right or wrong way. There is only your way and your interpretation of a system. i never knock anyones strategy, if its profitable for them thats all they need. wether you trade bull or bear flags, trendline breaks, pole n flags etc if you have an edge and its working for you just keep doing it. i can show you my way but that doesnt mean it will work for you. but if you found merit in it then developed it to your own style it may produce for you better results than i...Ignored
Disliked{quote} Ask yourself this --- If i put this position on can i sleep like a baby tonight. Hope this helpsIgnored
Disliked{quote} Psychology --- very good question Deekay. Let me put it this way. What angers me may not anger you or anyone else. Everyones wired differently and one has to know and control there response to circumstances. Im talking about life circumstances here. Trading is a different area of Psychology and was difficult for me at the start of my trading, mainly because i lacked the discipline and had no experience. I lost a ton of money, had no mentor but eventually figured it out. What helped me was my position size. So now i use multiple small positions...Ignored
Disliked{quote} true true ! how i overcome my psychology is having multiple account. If i have 1k to trade, i would split it into 5 account with 200usd each. or 10 account for 100usd. Then i would trade some of that account without any worries. sometime i would full margin and get return for 200-300% and keep repeating. If i loss 1 account i still have 9 account for me to use. just think it as your lives in games. also just like you said, lot sizing is really matter. well this depend on your capital too. small capital small reward. big capital big reward....Ignored
Disliked{quote} Read this amazing book some time back, thank you for sharing content! Recommended+Ignored
Disliked{quote} yeah really good read. was trying to find the other one for you -- The Disciplined Trader. i must have it somewhere but cant find it atmIgnored