I try to keep things as simple as possible. Belief, patience and MM will get you through it. All you have to do is to wait, wait, and wait till you master it.
It doesn't come overnight. Keep it simple and you might have a chance...especially when you start with little capital.
This strategy is based purely on price action.
Whenever you enter a trade, you must know the point at which you are wrong, and get out.
We cannot know our limits unless we are willing to venture beyond them.
Successful traders really want to trade, they have a passion for trading. Addictive traders need to trade.
In demo trading and in the practice that comes from trading small size it is not enough to concentrate and focus..you develop the capacity to operate in "the box" by testing the limits of your perception. Don't just follow your trading ideas. Test them until they break..and then do it again. Then you'll be able to figure out where and why they are weak.
SETUP:
Naked chart
All currency pairs
SL: 25 pips.
TP: 10-25 pips..and I move my stop to BE when i have a chance.
When something important happens in the market, good traders focus on the market and the meaning of the events. Bad traders focus on themselves and their frustration over missing the events.
Your goal is to achieve a respectable return on your money without taking large risks.
It doesn't come overnight. Keep it simple and you might have a chance...especially when you start with little capital.
This strategy is based purely on price action.
Whenever you enter a trade, you must know the point at which you are wrong, and get out.
We cannot know our limits unless we are willing to venture beyond them.
Successful traders really want to trade, they have a passion for trading. Addictive traders need to trade.
In demo trading and in the practice that comes from trading small size it is not enough to concentrate and focus..you develop the capacity to operate in "the box" by testing the limits of your perception. Don't just follow your trading ideas. Test them until they break..and then do it again. Then you'll be able to figure out where and why they are weak.
SETUP:
Naked chart
All currency pairs
SL: 25 pips.
TP: 10-25 pips..and I move my stop to BE when i have a chance.
When something important happens in the market, good traders focus on the market and the meaning of the events. Bad traders focus on themselves and their frustration over missing the events.
Your goal is to achieve a respectable return on your money without taking large risks.
Trader from Croatia
