Morning all
Recently I had been told that the way I trade is like
trying to walk across a German autobahn by Manheim on Grand prix weekend ( the man was french and I had no idea what that meant ) so I said you mean I am looking at to much info, charts, accounts and instruments at one.
Exactly, he said.
I have started a new account, a new trading journal and a new way of trading. One Instrument, One chart, 5min, 15min and 1 hour. MACD, stoch's, trendlines, stops and trailing stops.
Letting the trade set up, fill in my risk reward and let the ratio tell me what the trade is saying.
Not new to a lot of you, but this is my trade from this week in this account anyway ( still have not stopped dabbling in speccies, its like a remote control, I am always changing things and missing the good show, or in this case the good dollars).
Feed back if anyone has any on the the chart please or rules on trading the S&P on those time frames would be appreciated
Thanks Spider
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