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Hey all,
I have a system that makes fair to small profits, but it is kind of like a cheapshot - I wasn't satisfied that that's all the better I could be. Now that I'm getting further in the course, things are clicking all over the place. It's much more enjoyable and profitable each day. It will be bittersweet to finish 🙁
Thanks Al!
Recent Simulator run from tonight - just for practice. Proud of the outcome. Improvement on all fronts, management, entry, exit.
Example of a trade I usually would have exited:
Another trade that old me, definitely would've missed. Because I would've thought i missed the train but I still had expected it to go up so i took Al's video advice to get long for any reason w stop under the recent low and then trailed the HL as they were created.
But the reminder in my head not to leave if there's been no break in the premise of the trade from when I took it, kept me in and for full profit of the measured move.
I am simply enjoying the process. I don't have to be a wizard, just to improve and have something to learn is so satisfying.
Well done buddy.
I noticed on days 12 to 15 in your 1st graph you had some significant loss days in succession. Was that because you were too optimistic about some reversal trades? I say that because I suspect that (perhaps) it was during the significant sharp falls of about a month ago, if so, reversal trades at that time needed very big stop losses, which is very risky. 😀
Just a thought.😀
how do I put a 60MIN 20 BAR EMA ON 5 MIN CHART TO DETERMINE MAGNET?
Do you use Tradingview - add an EMA, click settings on it, where it says "Chart" switch to hour
Thanks, sorry, I do not use trading view
