You have grossed an average of 1 point per trade with a 10 point stop loss?
With commissions you are worse than a 10 to 1 risk/reward ratio. What is the point of this journal exactly â to show what not to do?
I know successful ES traders who scalp but would never use a 10 point stop, I know successful swing traders but they would never shoot for a 1 point profit.
With commissions you are worse than a 10 to 1 risk/reward ratio. What is the point of this journal exactly â to show what not to do?
I know successful ES traders who scalp but would never use a 10 point stop, I know successful swing traders but they would never shoot for a 1 point profit.