zzfx

my Trading, a continuous adaptation:

FX:EURUSD   Euro Fx/U.S. Dollar
29 1 0

Two separate plans: Distinguish and Acknowledge.

The Money management, capital allocation plan. (Achieving your goal no matter what shows up)

The systems samples and performance over time. ( like placing a RSI or STO             on your systems results)
zzfx
2 years ago
Today, there is no more inclinations to increase positions inside my plan.

I place my daily two trades, with SL, break even and target orders. The next step is witch of the two orders, if not both is triggered and, can I get a free trade out of that random trade.

Actually, that doesn't even matter. The only thing that matters is that my sample result, that has high probabilities of being positive ( because of my RR edge) if large enough, will be faced by break even sample returns if managed correctly when system under performed. And so, i would be taking what the market gives in volatile times and not loosing much when volatility would under perform. Always from a sample perspective, what I do next is in line with what I am trying to achieve in the long run, limiting the inclination to go against my plan.

I now believe that the best approach would be to take the trade, remove risk, expect the best, and handle the worst. Increasing position goes against the basis of my plan. Maybe this is what was needed to help me cope with my MM self limited beliefs. RR is the edge, MM is the pace.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out