Challenge of Trading crudeM with 4k for 30 trading days!!

marimuthu13

Well-Known Member
#71
Day 2 over.

4 trades, 2 trades acc to plan = winners
2 trades against plan = loosers

Net profit = +230



Capital for tomo = 4407
why 2 trades against plan???

also why squared off after 2.5 hours , once after seeing screen ?/ is it per system rules exit or exited with positive emotional??

this kind of thing not work for long term, locking urself with other room (on trading room etc )
 

vijkris

Learner and Follower
#72
why 2 trades against plan???

also why squared off after 2.5 hours , once after seeing screen ?/ is it per system rules exit or exited with positive emotional??

this kind of thing not work for long term, locking urself with other room (on trading room etc )
I am still searching for answer y two trades were against the plan. :annoyed:

This particular trade, it was pure luck, so not counting it as an achievement.

Ya, according to plan exit came around 16.50 and i squared off at 17.01, so there was no break of rules there.
After that re entries were there, but I decided to close the day. :)

Having a good method is not enough to succeed. :D
 

XRAY27

Well-Known Member
#74
I am still searching for answer y two trades were against the plan. :annoyed:

This particular trade, it was pure luck, so not counting it as an achievement.

Ya, according to plan exit came around 16.50 and i squared off at 17.01, so there was no break of rules there.
After that re entries were there, but I decided to close the day. :)

Having a good method is not enough to succeed. :D
Hmm !!! good method without ambiguity will give success

Just telling small flow of trades

Breakout trade...backtest it

Re entries -backtest it

Contra -backtest it

After this part is done decide the risk capital for each one..always remember that on given sample trade/s all three must have positive expectancy...if you don't find that on any particular setup,just leave it..

Remember trading is not adding setup/s every fortnight without back testing !!! :lol:

if you passed all this , still pressing F1 and F2 ,then you must develop a killer instinct to trade the setup !!
 

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