MightyOne wrote:Mira wrote:
Thank you for your reply MO!
I have to put it in my head, I don't know why I chase for small profits when I only need so few trades per month.
It's not about waiting, it's just a bad habit.
The problem is that trading a big chart sized on a small one is scary.. but 0.1% per line is a very safe start
If you have 9 lines on the H1 charts and you halve your size then you have 9 lines on the H4 chart and if you halve your size again then you have 9 lines on the daily chart.
If you have 9 lines on the daily chart and you double your size then you have 9 lines on the H4 chart and if you double your size again then you have 9 lines on the H1 chart.
You have lines, you risk lines, and you make lines.
You don't need to accumulate all of your lines in H1-, you can move up and down the periods.
If you make 20 lines on an H1 chart then you can trade up to 4 pairs with 5 lines of space & you can take certain trades up to higher periods and others to lower periods to be diversified between pairs and periods; that single trade is now a profit making engine.
I got it! Thank you MO!
So now we are playing the Metagame