I broke down different scenarios that didnt played out well. that made me modify my outlook of risk management and ability to optimize profit. so hope you learn from my losses and see how i modified to really capture more pips in the market. Please leave a comment and show some love. Thanks for Following Lesson Modification 1. Indicating various Profit Target...
Hi traders, Alright let's wrap this week up! *In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the description.* SPY was making up its mind most of the day but it's just the way it is and it's our job as traders to adapt. I only managed not to lose THAT much today, hope you did...
I'm learning to accept these harder weeks as the better opportunities for me to become a great trader. Of course I love it when every position I take jumps out at me and earns me a profit, but I remember a point when I would avoid the charts entirely after a string of either losses or missed opportunities. It's so important to continue to trade with an unbiased...