Here is my trading "system"! Simple and effective. Hope you like it.
No Specific exit strategy. I exit my half lot at 1*Sl so that my trade becomes free. Then i let other half run with fast trailing of tight stop. I generally let PA guide me. if i see my side winning, i stay in longer. I also take profits when i reach may daily target of 40 pips. So i exit on variety of reasons.
No indicators. I used them and didnt like them. I find more indicators less reliable. It all becomes confusing hell.
No Specific exit strategy. I exit my half lot at 1*Sl so that my trade becomes free. Then i let other half run with fast trailing of tight stop. I generally let PA guide me. if i see my side winning, i stay in longer. I also take profits when i reach may daily target of 40 pips. So i exit on variety of reasons.
No indicators. I used them and didnt like them. I find more indicators less reliable. It all becomes confusing hell.
Attached File(s)
PA Momentum trading.pdf
185 KB
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21,511 downloads
Making money is easy- Just dont take losing trades