prochargedmopar wrote:PTG wrote:lukx wrote:Well based on what's written here http://www.babypips.com/school/what_sho ... ading.html
I don't have the first main point: trading system!
So I don't think I can have the rest of the points of trading plan created.
Sounds to me like chasing ones own tail
Forget the babypis shite. Backtesting ? Useless. Forget whatever else they write, no time to waste here.
I wouldn't make it too difficult. Wite down
- when you consider an entry
- where your protective stops need to be
- how you want to manage your exit
- what your money management looks like
I suggest you start with H4 stop and reverse, go to H1, etc. etc. Sounds familiar ? Yes, you were into that not too long ago. Then I saw you being distracted and loosing money on something else that has nothing to do with Dragon's entries. That's because you don't even have a dirty napkin to work off of !
Another thing, and this is VERY important. Once more, you write that you CANNOT do something, for this or that reason. Stop doing that. Turn ir around and make it a POSIIVE question. That way your brain will help you to find SOLUTIONS instead of concentrating on the PROBLEMS.
Your a smart man PTG.
Poor, "We don't have the money, can't afford that"
Rich, "How can we make the money, so we can afford that"
Smart Dunno, let me go ask my wife
But yeah, you're right. That's the idea.
Making money has to become a natural, like peeing INside the toilet, instead of all over the place
By the way, my apologies for going off-track in your thread, if we have to stop please do say so !