DislikedStrat, do you agree with The Phantom's two rules? What parts do you personally do or do not follow. Do you assume you are wrong the second you place a trade, and then remove it if it doesn't move quickly enough?Ignored
There is a saying "One man's meat is another man's poison" which means what might be good for me, may be bad for you. As you build and develop your style of trading you will try different things until you get to a place where you feel comfortable.
As I was developing my style, I tried just about everything I found, so with regard to these rules:
Rule #1
Assume your position is wrong - didn't work for me, made me negative
Remove position early - not part of my plan
Don't keep a position - not part of my plan
Don't wait for the SL - not part of my plan
Learn to be wrong - made me negative
Think - when position is correct...............correct
Rule #2
Increase your position - definitely
Always start with a smaller position - yes and no
If initial position.......yes and no
In a WINNING trade - most definitely
Most of your profit - depends what type of trader you are
15 YEARS OF PASR ON FOREX FACTORY!