Thursday, May 21, 2020

Rules

In a runner take of a 3rd at the initial range break incase the market comes back to retest at your entry or you were wrong. 

Add onto runners when the second load comes in and look to go flat once the momentum dies off from it effect.

Dont overtrade.

Dont watch the news, numbers or state of the economy as they dont play any role.

Market structure, order flow, price action and manipulation is all that move markets.

Cut a shitty broker quick. If they show any signs of being half ass they will be far worse in a shitty market. Firms have ripped people out of great positions because they didnt want there orders on there books over the weekends etc.

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Great trades

A trader will mess up a handful of great trades until management is addressed.