Seems like every day since last week, I pick the wrong movement. If I follow the trend, it reverses. If I follow the reverses, it trends. Kinda frustrating, but good to get experience with. I have not had a chance to look at all of my losing trades, but I feel like this would be very valuable to me to do. I’ll have to see if I notice any issues specifically and address them in the future.
One thing I like about trading on a free trial, is that Trading Day also calculates the broker fees as well. Ive started to notice that I trade a lot…..a lot. Like, a hundred bucks worth, which is something I should plan ahead for. There are some brokers and prop firms that are less, so I may end up investigating those as an option. This will really come down whether or not my strategy is to scalp or hold more. One or two trades a day sounds more appealing, but now I can take a bunch on the paper trade account in order to learn.
When is enough..enough? What’s my edge, even just a hint? Is it trends and reversals, or risk management? Patience equals Profits.