Alright, this I going to be more or less my trade journal. I have a trade explorer and a live account set up, I'm intending to post trades here close to when I taken them. This is intended to be a clean slate start from 1st July 2020.
Basic rules are risk of no more than 6% at risk at any one time, generally 2% a trade unless I'm pyramiding into a trade.
Smaller time frames (under an hour) are similar concepts, but risk to be kept 1% or less.
Weekends will be analysis, and I'll generally be concentrating on one or two pairs during the week based on that.
I reckon I've mostly been having trouble with discipline, so this thread is to help keep me accountable to hold that.
__________________________________________________________________________________________
Important links:
Strat's two threads:
https://www.forexfactory.com/showthread.php?t=155459
https://www.forexfactory.com/showthread.php?t=708441
Pharley's two threads:
https://www.forexfactory.com/showthread.php?t=551541
https://www.forexfactory.com/showthread.php?t=592827
Trend trading all pairs by NightMoves
https://www.forexfactory.com/showthread.php?t=208630
I'm sure I've forgotten plenty I should be writing here, but I think that covers the basics.
Basic rules are risk of no more than 6% at risk at any one time, generally 2% a trade unless I'm pyramiding into a trade.
Smaller time frames (under an hour) are similar concepts, but risk to be kept 1% or less.
Weekends will be analysis, and I'll generally be concentrating on one or two pairs during the week based on that.
I reckon I've mostly been having trouble with discipline, so this thread is to help keep me accountable to hold that.
__________________________________________________________________________________________
Important links:
Strat's two threads:
https://www.forexfactory.com/showthread.php?t=155459
https://www.forexfactory.com/showthread.php?t=708441
Pharley's two threads:
https://www.forexfactory.com/showthread.php?t=551541
https://www.forexfactory.com/showthread.php?t=592827
Trend trading all pairs by NightMoves
https://www.forexfactory.com/showthread.php?t=208630
I'm sure I've forgotten plenty I should be writing here, but I think that covers the basics.