Good morning I want to share something that changed my performance radically, which is closer to the original thread system. I am used to entering on an M1, HA Bar close, above or below that bar on a Stop order. Now, just entering the Market right after the M1 closed makes a huge difference; 2 R TP is much easier to reach. Yesterday I had 3 winners and 1 small loser. If I had used this entry, all 3 winners would have reached the 2 R TP with a 5,6 R total. But I ended with 2,6 R total
. Which is not bad, but the difference is...
When you get wins you will boost your moral and that will give you confidence in your system.
Psychology is 80% of trading and it's hard to master - but once you have fully confidence in your system - It will be much easier to let your runners run and get full buck for your money.
So what you do now is good - you win and that's perfect - the more you win the more confident you get and that's a good feeling.
I used to have FOMO and was trading all day long every option I saw and have lost several thousand dollars doing so.
But now I have a scheduled window I trade and I rather just wait until my window open and even sit over on a trade cause I know, the next setup is just around the corner.
And trading 1 minute charts - that corner is just a few minutes away - so no reason to overtrade. Look at some of the charts xkwisit2001 has posted. There is setups all the time
