How big are your moves? I hate to tie one trade up for more than a day especially with limited funds…also do you trade equities with the same strategy?
How big are my moves? I can’t say - some are big some aren’t
However I trade predominately inside bars - meaning I can use tight (ish) stops and the resulting moves can be large multiples of that. I’ve a preference for volatility breakouts and inside bars are a perfect way to catch that.
I don’t trade individual equities but actively trade the NDX1O0
If you use candlestick charts it would be great if you could send a screenshot of one of your past price action setups including the timeline, your stop and your target for that particular trade. I will do the same …our timelines are vastly different and I would like to compare the two
And since you use a trailing stop just tell me where your stop originated
I never use price targets I prefer to let the market tell me when it’s time to leave.
I certainly would be interested to hear of someone trade the same systems I do but intra day - I suspect they wouldn’t work on the very small timeframes - on say 2 or 4 they might though
I initially started on a demo trading account for around 5-6 months. After trying with different strategies, I finally jumped to a live account. It’s not easy to make so much profit in the beginning. I tried to build up my trading plan according to the changing market conditions. Gradually I landed on to a good profitable situation. It’s important to plan before you execute your idea.