Stay away from setups that are not proven to make you money. I am going to categorize my setups into A B or C trades. For right now just know that the A trades are the bread and butter proven setups that work best for you. I took some losses this week the really had nothing to do with my A setups. I had a really great trade a couple weeks ago and again today that were 100% A setups for me. So looking back and seeing that if I only took those two trades I would be green on the month instead of in the red like I am currently. But the month isn't over. I will continue to look only for my A setup trades. Like the one from today that I will upload this week. I know that if I focus on my A setups only and cut losses quickly my p/l will look as it should. If you don't know your A setups then you gotta back test or paper trade or trade really small and don't expect to make anything. you have to prove to your self that it is possible to be consistently profitable with one or two setups in the current market to consider them your A trades. find those and run with em
Join now or log in to leave a comment