Later in the day we had a automatic TS1 sell (on a red STF) that caught the last decline into the low of the day. This added another +3.8R Profit )ignoring slippage and commission).
What a brilliant day – with approx +10R Profit and all in just one day. This is why I keep talking about the Cyclical Nature of Trading, because it is days like this that will clear all those small -1R trades and put you back onto Profit. This is why it is so important keeping the losses small when they unfold. As Big Profitable days like this will then wipe out all these small losses and make money for you overall.
What a brilliant day ! Thanks, Steve
PS, but it did not stop there, see the Advanced Blog...........
What a brilliant day – with approx +10R Profit and all in just one day. This is why I keep talking about the Cyclical Nature of Trading, because it is days like this that will clear all those small -1R trades and put you back onto Profit. This is why it is so important keeping the losses small when they unfold. As Big Profitable days like this will then wipe out all these small losses and make money for you overall.
What a brilliant day ! Thanks, Steve
PS, but it did not stop there, see the Advanced Blog...........
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