MM and RR are the only important variables.

FX:EURUSD   Euro Fx/U.S. Dollar
94 4 0
Short term straddle
5:09 AM, short side stopped out. going for the long target. long stop 1.3512, and starts trailing (20p)
3:15 PM

Long Position closed successfully.

net result: -10 pips +20 pips = +10 pips.

No stress, no worries. no deceptions. next trade.
why did you not grab all the leg up? because I decided I want to win every day.
why did you not only bet long? because i decided I want to win every day.

It is my game, my rules, my settings. In the end, all that matters is: did you make a profit? and even
more important, did you respect your rules? Yes. Next Trade.
This was one of the First ''Desperate'' attempts I tried that actually Led the way to developing a/ THE risk reward necessity BELIEF in my brain.

As I was far from actual execution or any consistency, engaging myself in 2:1 RR trades only helped me empower the idea that RR is not only an random estimation to take lithely, but the actual pillar to any consistency what so ever when it comes to My trading.

A straddle approach helped me over come my fear of missing out at the time, and that was my way of copping with this fear. Because net gain is 10 pips in good days, -20 pips on the bad days
made the rhythm of the game a lot more difficult even if it would outperform 7/10 of times. Sure it would feel good, but in the end, expectancy remained mediocre.

Still. it helped me cope with taking a loss: it helped be deal with my fears of being wrong, my fears of loosing money. It was a good start. (or should I say new new new start! loll)
IT was a change for the best.

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