I haven’t posted for a month and in that month I have gone from to despair to happiness. I caught the last 3 swings of the market correctly & banked some nice coin. In fact I have wiped out 2 months of losses and am now in real profit for the first time! Yahooooooo!
What I did differently:
- I stopped trading every day. I try only to trade over or under sold market conditions.
- Entries on pull backs or peaks (in a bearish market). Previously I was entering as resistance or support broke. I dislike this strategy as it makes (3) harder.
- Cut losses short (easy to say but hard to do). This has been a hell of a lot easier with better entries. Because I usually know quickly if I’m wrong.
If my success continues I’ll post some charts. Example real world trades to illustrate what I do.
