Trying to find my way
Since I'm not trading the Cowabunga system as outlined by the author. I would like to try my luck again... Please take what I put down here with a grain of salt since I blew up one account because of lack of money management and discipline. I will be focusing mainly on GBP/USD as pair of choice. I plan on taking a stance as a trader or day/swing trader. I have not streamlined my methods to the madness and so I'll be experimenting with my intent to keep it as simple as possible. At this time I don't dare put my real money in play as my confidence level is not up yet. I did mange to deplete my first account because of not having a grasp on position sizing and this took my out of the game quick.
Now I have a defined risk of 1% and each position size will be built based off this. Home runs are great, but base hits wins the ball game. I felt is might be best for me to post here instead of in the Cowabunga thread. This way I'll not take up to much disk space from that thread. This will help keep that thread in tune with the authors intent.
Feel free to jump in and criticize me as long as it is constructive. I'm a big boy and can handle it.
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