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Swing_
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The feeling of financial restriction fueled my ambition to master trading.
Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé.
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Swing_
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A few months ago I opened a block account in EUR for my Belgium study visa, I had some expenses too. Euro is so up right now that if my Visa gets rejected I literally make profit from it as the amount will be refunded 😂
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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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