How does your order execution look like? I’m just getting my feet wet and trying to find the flow. I started by just looking at the 1M timeframe, cause all YouTubers did it, but found it was to quick for me. Now I’m trying to find a trend, set my entry, stop loss and take profit levels, calculate position size and place the order. I should probably calculate profit as well, as I see that some of my trades didn’t have the potential to make much profit. Don’t understand why. Is this a good structure? How are you doing it? I’m very open for suggestions.
Did you ask these youtubers how it works?
No I didn’t. Most of the videos I saw where from content creators that I believe have a better income through YouTube than trading, so I just stopped watching.
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Your order execution process seems structured, involving trend analysis, setting entry/exit levels, position sizing, and profit calculation, which is a good approach for trading success.