Hello all elite traders,
I have decided to restart my holy grail journal and make a second attempt at defining the holy grail of trading. I think I am on to something. It has something to do with support and resistance and I will reveal it for free it it really works.
I am going to SIM trade with $50k and post live calls. I don't want to risk my real money, before I know for sure I can make money with a SIM account.
Max positions will be 12 contracts and I will always use money monagement and scale in and out. Last journal I was in profit and didn't scale out and took a big loser (-$300) in my SIM account. I will use 3 contracts position sizes initially. I will always have hard stops that never get moved unless im in profit or break-even.
Wish me luck!
Also vote my poll I want to see how many like my journal.
I have decided to restart my holy grail journal and make a second attempt at defining the holy grail of trading. I think I am on to something. It has something to do with support and resistance and I will reveal it for free it it really works.
I am going to SIM trade with $50k and post live calls. I don't want to risk my real money, before I know for sure I can make money with a SIM account.
Max positions will be 12 contracts and I will always use money monagement and scale in and out. Last journal I was in profit and didn't scale out and took a big loser (-$300) in my SIM account. I will use 3 contracts position sizes initially. I will always have hard stops that never get moved unless im in profit or break-even.
Wish me luck!
Also vote my poll I want to see how many like my journal.