Today's fight were so intense. My biggest mistakes were: Add bias, and it turned out wrong. If I trade according to signal, this won't happen. The good things were: I still trade the signal even against my bias, but it's too late. Market chopped after I realized my mistakes. Then trades were just to survive.
can i ask question? when do you decide to stop for the day when you're up or down.
ReplyDeleteHi Hilmy,
ReplyDeleteThat's part I have yet to master. Actually I just trade until my max losses breach. I trade defensively like, if I was down quite a lot, I may profit taking some of my position earlier. Then if I had smaller losses, I may resume trade and it's more convenient.
If my Profit Target hit earlier of the day, I will stop trading no matter the market looked like. Hope it helps :)