Hello out there,
First time going public so who knows what comes out of it.
I am almost 3 years into trading and finally stopped losing money. Been through all stages a trader goes through and managed to correct most of my human pathogenesis. However still left with a few.
- Might do a few senseless trades outside my strategy. It happens when adding something interesting I saw to my strategy without backtesting it, for example lower time frame signal last time. However I am almost done correcting it if not done.
- I am not letting my winners run and this is key to profitability. Not sure how close I am to sorting this one out.
Decided to announce my trades for a month or two to help me overcome 2. Let’s see.
I will not disclose my strategy (my strategy!) but only the objectives. So,
TP=200p, SL=100p. If price goes to my favor 100p+ I move SL to BE. If price goes to my favor 180p+ I move SL to +100p. I close my trade near the end of the day if TP/SL is not hit. I trade mainly US30 and rarely NDX100 and DAX.
Please be aware that I am no pro, hoping to get there so do not take these trades.