Within some recent trades I racked up my biggest losses back to back totaling over $2,000.
I have been trading on and off on a losing streak for a few years now taking time to digest what had happened and do more studying in between. So I have come up with these three topics that are going to help me get back on track. 1. RISK MANAGEMENT - Only risk 3% per trade tops, create a plan, follow your plan, Cut Losses Quickly. 2. A,B,C TRADES - List your top 6 set ups and rank them A B and C as far as risk, potential payout, r/r. Focus on those only. 3. TRACK YOUR TRADES - P&L chart, create a journal/blog write your feelings with each trade. Do more of what works.
Posted Jul 21, 19 4:30 AMbyWebbwood
Categories
Basics
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