Frustrated to see your trade running 1R - 1,5R and ending up at BE ?
Consider taking more partials. Adding them up at the end of the year, it makes a huge difference.
There is millions of winning strategies.
Usually, what people lack of is ADATA associated with a strategy to apply it efficiently. What I mean by data is clear & developed winning & loosing setups (50-100)
• Define your POIs
• Wait for price to come within
• Go in lower timeframes and wait for clear signals
• Execute & manage
Don’t overdo it, it's simple as that
Consider taking profits on potential reversal zones rather than fixed R.
Fixed R is what you wish to win, reversal zones is what will really stop your trade from accumulating profits.
Build a blind confidence in you and your trading. Nothing else could help you survive in the long term.
To do so, don’t be lazy to spend hundreds of hours backtesting and sharping your strategy.
Trade when things are red hot, sit on your hands when they are slow.
Overtrading is the easiest way to give back profits. Just focus on the times when it's easy to make money, and do something else when it’s choppy and slow.
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