Keep Calm and Don't Move Your Stops.....

A little risk management saves a lot of fan cleaning!

The Purpose of Life is Joy!!

Thursday, March 30, 2017

+.25RR

Chart tells the story.....

Except this.....If I miss something like the spike up, I tend to begin looking to manufacture something and since I know the 5M will take a long time to manifest a set up, I have taken to dropping down to the lower time frames to "find" something worth trading.

This has resulted in losses nearly 100% of the time. I just figured this out today. (STUPID STUPID STUPID)....So I closed the one minute chart never to reopen. And found the nice little trade I made my losses up with.

Time to make some breakfast.

Cheers


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