Hi everyone
Here's my trading journal.
I trade the US30, taking discretionary entries on the M5.
My RR is usually set at 1:1 on entry (unless I fancy letting things run) and then I happily reduce my SL quite rapidly. This takes me out of a lot of trades (good and bad), but it's what suits me.
I fancied sharing what I do in case it gives other traders some ideas on how to approach trade management.
I've been trading a while, and it has been really tough. Mostly mindset and head stuff, which is super-personal to everyone.
Any questions, let me know. As a caveat though, I'm really not interested in getting into a pissing contest with anyone. As I don't have a penis, I can't pee very high up a wall, or pee very far, so at least half of you would win anyway.
Chilled trading to you all
CT
Here's my trading journal.
I trade the US30, taking discretionary entries on the M5.
My RR is usually set at 1:1 on entry (unless I fancy letting things run) and then I happily reduce my SL quite rapidly. This takes me out of a lot of trades (good and bad), but it's what suits me.
I fancied sharing what I do in case it gives other traders some ideas on how to approach trade management.
I've been trading a while, and it has been really tough. Mostly mindset and head stuff, which is super-personal to everyone.
Any questions, let me know. As a caveat though, I'm really not interested in getting into a pissing contest with anyone. As I don't have a penis, I can't pee very high up a wall, or pee very far, so at least half of you would win anyway.
Chilled trading to you all
CT