DislikedThis what I am trying to learn for last few days. I am very weak at spotting trend direction. I tried it during this week but failed. Lost hefty profit made in the begining of the month i.e. over 5% plus my own money. I don't know why it is so difficult for me to identify the trend and just go with it. This is the reason I have adopted a crazy system which is more like a martingale. I have to limit my profit taking to a ridiculously low low level to manage that risk. I only get decent profits when have gradually increased my lot sizes to a sizeable...Ignored
Spend a little time this weekend checking out other plans (not systems)
http://www.forexfactory.com/showthread.php?t=27286
http://www.forexfactory.com/showthread.php?t=86429
http://www.forexfactory.com/showthread.php?t=2331
There are more but you should be able to pic a trend and make a plan with these