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Swing_
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If I could drill one rule into every aspiring trader's head forever: Strict risk management and unwavering discipline. That's the
bedrock
.
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Everyone is focused on psychology but never on how to improve psychology. When do you lose control? When you lose a trade. How can you stay in control? By having confidence in your model. How do you get confidence in your model? Detailed Backtesting. Backtesting is the answer
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Backtest and Journal in such a detail, you know everything about your model just like you know everything about yourself.
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While deciding between taking partials, think about the risk to reward. If you are moving your SL to somwhere which will make you lose 0.5R of your profit for a potential gain of extra 0.25R, then thats a equivalent to taking a 1:0.5 RR trade.
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$GU Is this too much to ask for?
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Genuine questions, do ict traders really believe he coded the markets?
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