So my first post on this forum and specifically on this thread. I’ve been browsing the forum and taking the course to understand the basics. I’ve read the thread a couple of times trying to glean as much info as I can.
I’m brand spanking new to trading and bouncing around looking for the “holy grail” as I like rules and structure but not having much success whilst trying to scalp or day trade. I don’t have time in my life to stare at the screen watching M15 candles as I run my own business.
This thread has been really great in simplifying my approach and I really like the top down approach highlighted.
I’m also trying not to over analyse and have a multitude of S/R lines and the higher TF have made me far more aware of the overall trend.
Still working on refining lot sizes to risk & SL levels particularly for non USD pairs (demo account in USD).
Biggest mental challenges: 1) Not to want to overtrade for the rush 2) SL far away from the noise 3) Patience 4) Consistency
I’ve have found the examples of charts posted by various members and the critique of these charts by @The_Baller and other members very very helpful!