Hey folks, just a Monday update.
I did alot of thinking over the weekend, and tweekin of my Strat.
#1, No More Market orders,
A: Great traders dont use them, so, I shouldnt either.
B: My pip goal is very low for the day, no need to micro scalp, its foolish
#2, Went back to Renko Bars
A: Very simple, easy on the brain, cuts out the noise madness.
B: If price is moving, it shows, if its not moving, it still shows, lol… ( de de dee)
#3, Build patience, let the price come to ME
Now, here is something I really need to work on, and its a tuff habit of mine, Cutting profits short. I use a Trail of 2 pips, and lose alot… Well, not lose, but dont obtain, i guess you can say…
But the good thing is, I get at least 2 pips, but need to find a better way of seeing where the price could go… So that is the plan this week…
Still, 5% daily is the goal. Reset account to $100
I will post pics of the set-up