TheRumpledOne wrote: Thu Aug 08, 2019 3:06 am
What do you mean you made a BAD TRADE? Did you not follow your rules? That's a bad trader win or lose! Or did the trade hit your stop loss? That's a good trade.
Post a chart showing your trades.
Thanks for replying.
Well a bad trade is for me when price hits my stop loss, I hate losing. But losing once in a while is part of the game. Lately I have been doubling my account, so I'm pretty satisfied about my own trading. I never show my chart or system on a forum, otherwise people ask me for my system. Everyone should make their own system, make their own rules and follow them strictly. A lot of people just copy a system and think they can trade with it, no way ! Of course there are different systems out there, I use many indicators, and others only horizontal lines, ha ha. Hmm, I also use horizontal lines on my H4 chart. I simply draw lines starting from the top or bottom of wicks on H4, started in 2017, in 2019 I almost had no lines to draw, they were almost all already there from previous years, ha ha. I use those SR levels for possible reversals on lower timeframes.
I mostly have not much time to trade, because I work every day. So I mainly trade M1 when I have the time (mostly about one hour time), guided by my M5 chart and M15 chart, almost all small trades. After some years I have a good feeling when to make my trade and when to close. I also never trade when I'm away from the screen.