This is an awesome post.
For how long have you been trading (full time) @juliarrr199? For 464 posts, you progression as a trader appears well ahead of average.
I take from your post:
- just bake it into your day, don't be afraid to take time out (there will anyway be more trades available later - so miss a couple)
- ruthless adherence to your pre-determined Reward-to-Risk forecast is the way to go AND anyway, makes trading reliable and stress-free
- you reckon LCL profit doesn't have to be taken tomorrow - she will run on for more than a day.
I'm now working out my exit for LCL (I have five parcels bought 10c-18c). I know we get to 23 for free but I'd like to create a "grid" of Take Profits ..but in full openness, am struggling to determine those TP levels given the massive headroom above ...potentially. LCL has shown us already that you have to respect the market ...or the Market Maker
Good post. Well done you.
Edit: oops - I have just seen your post above which vindicates the views I've interpreted you to have ha ha Nice
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- ASX - Day Trading
- Day Trader’s Aftermarket Lounge 15 Sep 2020
This is an awesome post. For how long have you been trading...
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