At work, can't watch the trade like i should otherwise, i'd trail it till 100 pips. +65 pips image

GLJ

I'm a bit weary of getting a fat head from the good trades i've had. I don't want it to effect my decision making. Trends build confidence but channels can chop you up. image

GLJ

Thank you for your interest!

GLJ

Simple non detailed MM explanation. Static risk of 2.5% over 25 pips which means .1% per pip. Static take profit of 100 pips which is the same as 10%. Adjust lots/units on the 1st trading day of the week according to account balance. The basic side ...

GLJ

Been under the weather lately. Haven't been able to take many trades. Maybe that's a good thing. image

GLJ

Traded in the right direction this time around. image

GLJ

Bad decision. Short term down trend. I could have entered with the trend on with a retrace entry but i was not infront of the screen at the time it was available. Took a trade that my rules specifically say not to take. -8 pips. image

GLJ

Chart got a little sloppy. Only keeping the lines that matter. image image

GLJ

Trades i didn't take due to time of day or scheduling. image image

GLJ

I play pool. If i miss a shot, i replay the shot as if i made it after taking the proper steps. I do this over and over until its second nature to think of me making the shot. I'd say this is the key to my success in pool. I'm considering buying a ...

GLJ

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B.S. Trading with Kenneth Lee

On the contrary, weekly levels are pretty strong. They may not react right away but at some point in them there is a reaction. The point with them is to be patient. Post a chart of your level when you get a chance.

B.S. Trading with Kenneth Lee

Now keep in mind, things don't usually go this smoothly but when they do i gotta talk about it . And since i didn't have the chance to sit infront of the screen for these trades i set regular tps. image In an earlier post i made a mistake ...

B.S. Trading with Kenneth Lee

Depends on what your entry and target is. A stop is placed where you believe price will most likely not reach while staying within your allotted riskable amount AND risking the smallest amount of capital possible (depending on your trading plan). ...

B.S. Trading with Kenneth Lee

62 60 55 50 48 I don't trade with them! I collect and admire symmetrical art so i put them up there for the visual. I change their colors to match my outfit. I also change the values regularly to make it wider or narrower. It's purely cosmetic.

B.S. Trading with Kenneth Lee

The origin i speak of is simply looking back to see if the move is the result of a previous zone. Future effect is asking the question, "how did price react when it got back to the area?" The purpose of this exersize is to identify areas where price ...

B.S. Trading with Kenneth Lee

Just wanted to post an example of what i meant. It's not a full mark up but its a good example image Edit: btw the moving averages are just there for cosmetics. I think they're pretty :>

B.S. Trading with Kenneth Lee

Yes, a 25% to break even vs a 66% to break even is a big change in trading mindset. Don't give yourself a limit on daily trades while you're still learning this. The 1st thing you want to do here is to learn what a good entry is. I'll give you an ...

B.S. Trading with Kenneth Lee

Ken gave a great description of what i do. In my trading plan ALL the profitable trades i close are partials. I set my TP at 200 pips because thats where 10% is for me. Then i'll do exactly as Ken has described. If you're paying attention to new ...

B.S. Trading with Kenneth Lee