OK. I am writing to share my updated trading strategy and my goal of transitioning away from accounting to focus on trading full-time.
After refining my approach, I have developed the following strategy:
1. Buy Orders: Open only when RSI is under 35; close once in profit.
2. Sell Orders: Open only when RSI is above 65; close once in profit.
3. Focus Pairs: Primarily EUR/USD and GBP/USD.
4. Volume Management: Standard volume will be 0.1 to 0.2. However, if RSI reaches 25 or 75, the volume can be increased to 1.
My focus is on remaining patient and disciplined. I would rather miss a trade than rush into the market without a clear direction.
My target retire date: 2031-5-30
After refining my approach, I have developed the following strategy:
1. Buy Orders: Open only when RSI is under 35; close once in profit.
2. Sell Orders: Open only when RSI is above 65; close once in profit.
3. Focus Pairs: Primarily EUR/USD and GBP/USD.
4. Volume Management: Standard volume will be 0.1 to 0.2. However, if RSI reaches 25 or 75, the volume can be increased to 1.
My focus is on remaining patient and disciplined. I would rather miss a trade than rush into the market without a clear direction.
My target retire date: 2031-5-30
Daily Chart Trader - Appreciate time to work