U.S. Dollar / Japanese Yen
Short
Updated

#002 USDJPY Moving Average 0206SGT 15032025

68
60SMA SL set on 4H/1H, some buffer after the resistance.

1:2RR

I think that less is more is really good(learned it from Kei).

Let's say we make on average +0.3R profit per trade, but, due to all kinds of mistakes we make due to emotions, after 10, 20, 30 etc trades, we might find ourselves at +1R or +2R only at best. Instead of getting +3R, +6R, +9R or so after 10, 20, 30 trades.

So, trading less is more.

If we make 1 or 2 trades, and win once or twice, we already gotten +1R +2R, or if we won twice, +4R. And it's good.

It's the equivalent of trading 10, 20, 30 trades filled with mistakes.

Minus the stress, and commission paid.

I think I should just trade less now.

It seems that I am not progressing much, but I think I am actually progressing by ticking the boxes of questions and tasks I wanted to try but takes alot of time to try.

0215SGT 15032025

Btw, I stopped trading the trust the process of taking the opposite of my main trades because I always lose right? So, if I take the opposite trade then in theory, I would be making money.

I stopped because I trade too much. And it became tough for me to think which is my real main idea that I put effort in and hope it would fail, and which is the opposite is true I am taking.

0217SGT 15032025
Trade closed: stop reached
-1R.

But all is good.

Take time to play, imagine yourself at the casino. Don't bet on every hand. Move around the tables, find the trend, and then get the momentum and bet.

Move on after that.

This trade is a test water. Even though I lost it but its ok.

0111SGT 19032025

I won the third hand on usdchf.

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