DislikedHi all
For me last week was hard one, my week target (+10%) had failed. In fact i did -3%.
My conclusions are:
Do not try to trade Monday morning (GMT+1 Time). There is no direction at all.
Try to trade exactly as The system is described. This week i have tried many "improvements" and "smart ideas"
I will focus for now at 3Tap part and have hope that next week end with better results.
What i did right last week:
I think my MM works, i put 2-3% in each transaction. Size in lots is calculated for every transaction based on how big in pips will...Ignored
I would recommend that you limit yourself to no more than three pairs this week and really concentrate on getting to "know" those pairs. Or even one pair like GBPUSD. Taking a look at that pair and just placing the trades we marked on this thread, could have earned over 300 pips. Not a bad week's work.
We have all been guilty of overtrading. I will still do it sometimes, but usually I recognize it as either fear or greed in myself...two emotions that I constantly have to beat back.