1:2 RR Daily Trades – My Journey to Consistency

Welcome to my trading journal!

I've created this thread to document my journey toward consistency by following a strict 1:2 risk-to-reward (RR) strategy.
My goal is simple: take one high-quality trade per day, and if I hit my target, I stop trading. However, if I lose a trade and find another good setup on the same day, I may take a second trade; otherwise, I will wait for the next day.

Most of my trades will be on gold, as I find its volatility and price movements suitable for my strategy.

I have deposited a very small amount into a new trading account, and if I lose the full balance, I will reload it with the same amount. This approach helps me manage risk and stay disciplined. Please note that I am new to trading, and this journal is for my personal growth.

If anyone chooses to follow my trades, it is entirely their responsibility.
I look forward to sharing my progress and learning along the way!

Hey man!

Just a little thing to think about.

The key element in Trading is to cut losers short and let winners run.
This can be put into action in many many ways.

If you stop Trading on a win, but continue Trading on a loss, then you are indirectly doing what you should never do in Trading.
You are not cutting your losers short.

The "correct" way would be to take another Trade, if you got a winning Trade and stop Trading for the day when you took a loss.

Of course this is your journal and your way of Trading. But I thought I would share my rambling to you....
You can choose to ignore it.

Good luck in your Journey.