How do you define a good trade? My definition is a trade where you followed your plan. If you followed your plan and had a loss it's a good trade with a bad outcome.
thats the thang hardly anyone even pros like @demoncore "self proclaimed" don't have a plan in advance - at least not one they would ever put on a web site live for all the world to see. in fact i think not only will i start posting my trade live but will also give them in advance wow! now that's having a plan - just fucking amazing shit!
not hard to do I guess. Range = realtime open - yesterday realtime close. TP = xR, SL = xR/4. Stake size adjusted for range size.
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I struggle with this. Used tighter stops and i just get screwed in the noise. Used wide stop and I'm praying i don't get stopped lol So i settled on wide atr stop with a sprinkle of position sizing to recover losing streaks. I'm in the camp of, make money daily if possible or why even bother. I know it's not the right mindset, but I think I'm just wired that way.