I have learnt a few things since starting this blog (haha, 3 days ago). Although I have traded for 1 1/2 years - and have learnt these lessons several times before, I will not fall to the lows of these actions;
- I do not get affected emotionally by bad trades - I recognize them, and cut them
- I do not trade the moment I discover a trade, I wait 5 mins for confirmation before entering.
- I set stops on playing reversals.
- I recognize trader sentiment by watching movement in ETFs and trade thereafter.
- I sell 2 bars after CCI 200, that is often the high.
- I enter trades where I risk max 0,30% = commission + commission.
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