bettlebox wrote:Hi PP2
i came up this idea, i found that when i take my entries price always seems to go 10 odd pips and stall and drifts back so natural instinct is to take the profit and then price would take off again.
I realised that i hardly every have price immediately turn against me as long as i did my higher time frame analysis correctly.
So i thought as tool to get you over psychology barrier, why not buy out your S/L and leave some remaining position in the trade. It frees your mind to focus on picking your exit. If screw up your out @ B/E. I did picture. I just started using it . I have confidence im picking my entries correctly just need to lock down my exits. Hope it makes sense.
Luv you picture and I agree with you.
I think the overall direction I should be progressing towards is exiting part of my position and letting it run.
I can see why 50%, but thinking more of 80/20 so I can compound as quick as possible.
I'm running numbers now and I'm still recording my trades so still looking at it.