For the week, I had no winners and went 0-4 on trades.
I’m looking primary for Rewards to Risks trades of 5 to 1, making it possible to lose 80% of my trades and still be possible.
Let me give you an example.
Forex Price Action Baby, No Technicals or Fundamentals…Trade #2 – Sold NZD/JPY (2/3/19)
I was stopped out literally by one pip, but the trade would of covered 75% of my losses.
So I believe the message this week is for me to be a bit more conservative with my stops.
The other thing I learned this week…knew, but lived because
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