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Showing posts with the label Methodology

Trading Losses and Adjustment to Methodology

 Dear mates, The day has been challenging day for me where I have realised a few mistakes that I could have been on today's losses. Yes, I have to admit that both trades today were made with negligence and with little vigilance. I will thus avoid making this same mistake by not trading between  SGT 0800hrs  (0000hrs GMT) and  SGT 1630hrs  (0830 GMT) daily, as I admit that I am not very focused within that time of the day. Trading time horizon may be in a matter of minutes. Trades are made in a manner that will consistently look forward to an exit on the short term, although it has a primary target that will be looking forward to stay on a trend for the long term. This method may not be a conventional strategy that you may agree with, but it is something that has worked for me for a period of time.  I shall leave no stone unturned from my next trade, in addition, I would want to remind everyone who is reading this that there is no strategy that is fool-proof and free from losses, th...