Hi everyone how's it going? Good to see there is a couple of new posters! Hi chaddam! Hi GreenShirt!
I've been plodding along with mixed results over the past month. So after a month and 100 trades later I'm up $90 woo hoo! Actually its probably not too bad really. I've been fairly strict with my entry criteria but have been trying a few different ideas for my exits. I'm happy with the fact that my av wins were greater than my av losses. I just need to work on that win rate and get it up nearer the 50% mark. This month I'm going to stick with a strict RR of 1:1.5 and if my first 2 trades of the day are losers (down 2%) then I'll stop trading and try again the next day. And with the potential for 10 losses in a row I definitely don't want to be risking more than 1% per trade!
Cheers
Nick
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