if there is consensus on the market and structure to back it up, i go full degenerate.

200 to 500 euros per point on dax nasdaq
25 to 75 lots on currencies
i usually enter 50 per 50 on indexes and 25 per 25 on currencies

but

finger on close all , emergency stops in place and mental stop somewhere closer than the emergency stops
first break of structure invalidating my trade , im out.

but its not really a matter of lot size. Its a matter of timing and patience
you can see that many of my entries have very low drawdown.

Either an entry level is good , or its not. If its not i take the loss and switch to something else.

volatility tells you when to enter , and when not to.
The secret is to use low volatility for your entries.....and be patient.

The more you wait for entries , the less drawdown you have , the more lots you can use.
The more you wait for tp , the more money you make.

you are literrally beeing paid to wait.

you . are. getting . paid. to . wait.

you...
are...
getting...
paid...
to...
wait...

famous quote from a very famous trader : 'if its not boring , you are not doing it right'

this morning traded again like a monkey.

burrito bag is a bit bigger so can take a bit more risk.

didnt work out this morning

unfortunately the screenshot indicator stopped working , cant find the reason

gaarmitaar wrote: Wed Feb 08, 2023 11:01 pm

i need a new set of rules so this doesnt happen ever again

good lesson

.

Tma and trend indie also will have to dig that out later from rar folder there also is Rmi but very close to rsi/stoch
These are all my best / favorite indicators
Hopefully they will prove useful in not blowing your account
Luck won’t keep you alive in forex

nasdaq today....

epic fail day

didnt hold the shorts on nasdaq and got baited out , then took only wrong entries

good lesson

all trades of the day

Ok so ive decided to let go of currency trading because i obviously suck at it.

But great short on nasdaq today.

Almost back to account highs.

or maybe i just need to reevaluate my system on currencies.

Anyway. Back to studying on these.