Also, to enter the market when there is momentum will help you identify very quickly if the market goes in your direction or not. This way, it won't take you very long before you either close your position (if it is a loser) or move it to BE (if it ...

Advice wanted on entry into a trade

On the weekends I "revisit" the trades I entered during the week. I just use MT4's account history. It gives me exact date and time of entry and exit, as well as entry price, SL, TP and exit price. With that info, I put a vertical line on a chart at ...

Do you record your trades?

I am not a big fan of predetermined stop losses. I always determine my SL on market conditions, not by a fixed pip amount. I put it behind a fib level, S/R levels, previous bar low/high or even a %of ATR. I let the market give me an idea of what my ...

How to modify the stop loss position

I see you know yourself very well, which is a good thing. You also acknowledge that there is a problem somewhere, which is another good thing. You asking for help is another step forward. You say you are impatient, so am I. Waiting in line just ...

Looking for trading coach/mentor or accountability partner

This forum alone, with all it's great threads and traders, can be your mentor. Yes, there are thousands of threads and sometimes it can be overwhelming but don't let that affect you. Just keep reading until you find YOUR thread, YOUR mentor YOUR ...

MENTOR Required!

from what I see, emotion is your main obstacle. You can try to trade micro lots (10cents/pip) .Try to trade very very small positions, that will get "the fear of loss" emotion of the way. Then, as you progress, you can increase your position size as ...

Looking for trading coach/mentor or accountability partner