If you do get a loser on the day, I'll just wait for the next great setup untill I have filled the quota, or maybe just do two great trades the next day?
DislikedI've been looking at this system for a while and would like to know if it would be realistic to only use an R:R of 1:1 when you are confident about an entry, as these entries seems to be here everyday, and you also only take the strongest setup once a day, say within the first few hours of London open when traders are very active.
After a month you should have made between 15-22% interest on your account if you traded 1% risk, and taking a loss into account here and there.
From what I've seen this looks possible, but I've also only been backtesting...Ignored