3:23pm. I thought it is going into a sideway but when I got in, the price just drops straight as if there is no order. I am tired of losing. Even using ideal pricing, I still lose. I feel like I have run out of solutions. ///
| Date | Price | |
|---|---|---|
| Entry | 11/6/2014 | 12.65 |
| Exit | 11/6/2014 | 12.54 |
- Total Views160
- Position Size100
- Percentage-0.87%
Copy and paste the following into your page or blog. If using WordPress, you must paste this in the HTML tab only:
After trading using ideal retracement, I tend to miss out some good trends. I have realized that it takes much more effort to constantly readjust for entry. Very annoying. I trade not to screw my life but to facilitate my life. I need a robust system that requires low maintenance. I do not think I can reach 75% win rate. ///
Meanwhile, I trade forex as a swing trader and I have some success in trend following. I have got through many stock charts. I can apply that strategy onto intraday chart. The only problem is that I need to choose the volatile ones. I will modify a bit to fit the stock charts. I will certainly not trade at HOD and LOD. I will just lose money. ///
My win rate may get worsen but my rrr may become better. It is about risk management. Gonna risk 0.5% of my account per trade. I will see if I can make $ at the end of the day.