Purpose of this thread is increase discipline in trading.
- Identify Support and Resistance.
- Identify Trend.
- Identify Fundamental.
- Analyze Market Structure.
- Define our objectives and targets.
- Wait patiently for entry ,Avoid hastily entry.
- Use Hedging to minimize losses.
- Use stop loss to cut the loss.
- RR I will be using will be flexible could good for some trades and less rewarding on some other trades.
Money Management.
- Uniqueness of the strategy is to stay on the safe side , and use minimum equity.
- Using minimum equity maximize return.
- Use maximum leverage available.
Account Building Attempt #2 [StartDate = 06/06/2026 FailDate = .. SuccessDate = ..]
- My total ideal equity is 5000 USD.
- I have deposited 500 and the target is to achieve profit targets my total equity 5000 usd.
- Attempt #2 is in progress , attempt #1 was lost earlier but is not logged in the journal.