This thread is solely a trading journal. Just to document my own trades and write feedback on them. For the purpose of improving my trading.
Definitely not a trading signal.
Discussions can be a part of it.
Rules for myself.
(Of course will be edited through this journey.)
1- Monday trades are not encouraged. Throughout history, my Monday trades rarely worked out.
2- If there's news for a certain currency, always wait for at least 30 minutes after the news. Let the dust and all the hype settle. After that there are gonna be setups. Don't rush. Trading is all about patience and discipline.
3- Friday trades are only encouraged when we've got news and if that news gives us setups. Fridays are mostly take profit days.
4- Always stick to the system. Which is a combination of the great tools learned from great experienced traders.
5- Holding on to trades, without acknowledging the obvious price action is not allowed. Cut the loss or the profit. Hope can destroy your dreams in the market.
Definitely not a trading signal.
Discussions can be a part of it.
Rules for myself.
(Of course will be edited through this journey.)
1- Monday trades are not encouraged. Throughout history, my Monday trades rarely worked out.
2- If there's news for a certain currency, always wait for at least 30 minutes after the news. Let the dust and all the hype settle. After that there are gonna be setups. Don't rush. Trading is all about patience and discipline.
3- Friday trades are only encouraged when we've got news and if that news gives us setups. Fridays are mostly take profit days.
4- Always stick to the system. Which is a combination of the great tools learned from great experienced traders.
5- Holding on to trades, without acknowledging the obvious price action is not allowed. Cut the loss or the profit. Hope can destroy your dreams in the market.
When there's a will, there's a way.