BrianBrian wrote:Thanks Richard
I m having some issues with that startegy testing software , hopefully i will resolve and get it working , it would be a great tool to advance my learning ..
Richard - At what stage do you go to BE ,Is it +5 , i seem to recall thsi when reading your journal ,
todays and yesterdays trades are below, yesterday was a tricky day(range 60 pips) , today was much better , but overall i m still making basic error s on entries and i m not sticking to my MM plan, But this will improve as i go on i am sure, Hope ye all had lots of pips today , there were a few good set ups ,
Brian
I try and get to b/e as soon as possble. That does not mean I am trailing the price immediately. A lot depends on the setup and how confident I am on the trade. If m5, m15 etc alligators are open to the upside and on M1 they are just waking up I know I can take a long position with confidence and let the trade breath. If on the other hand they are all asleep or just waking and the setup is present I may after 5pips into profit move to b/e to protect the trade. The best trade management is the one you are happy using and that will come with trial and error.
I had a quick look through the .pdf of your trades and notice that you let a few run for quite some time even though there were exit signals (black dot, price passing through the green line etc.). I know it is difficult but you need to watch out for these and listen to what they are telling you. Doing so will reduce your losses.
Have you got the strategy tester sorted out? I have been away for the past couple of days and have just returned this evening. If you want any help just let me know.
Richard
