Trading Improvement

Missing moves because of ATM trailing SL
1. My ATMs were created for an old strategy
  1. Adjust ATM to fit new day trading strategy
Missing moves that take place later in the day
1. Because I don't watch the market from open to close, I have been missing moves that occur later in the session
  1. Re-analyze the market when I finish watching/trading live (as long as daily sl isn't hit), then use alerts at key level breaks
Decrease in quality of entries since using multiple entry strategy
1. Have scenarios for when to use tighter stops, and when to use looser stops until in profit
  1. Tighter stops
    1. Trending enviorments, strong directional momentum
  2. Looser stops on entry
    1. in analyzed zones but slow price action, indecision environments
Getting caught losing in whipsaw action and indecision candles, false signals, a tight ranges
1. This is due to entering during indecision and choppy markets
  1. If upon entry, price doesn't move in the favored direction within a short time, exit and look to enter when price is moving directionally and clearly
Not respecting daily risk limit since using MES (multiple entry strategy)
1. reduce lot size after subsequent failed attempts at entry on idea
Despite being correct on analysis, I have taken big losses
1. reduce amount of entries and attempts on idea
A pattern of going on a losing streak or having a big loss after big winning days
1. To avoid this, either take the next day off after a big win, or reduce daily risk to half

Zusammenfassung der Ressource

	Erstellt von Jabez Zinabu vor etwa 6 Jahre