GOLD Scalp breakdown
Risking 1%, one winning scalp a day is all you need. Enjoy the rest of the day! Keeps you from overtrading, revenge trading, and minimizes losses. If you start with 200$ account , and make 1% profit each day, your equity will be approx. 45M$ 5 years later!
Two trades a day. If the first one is a loser, another trade can fix that. 2 losers, end of day. 1L and 1W, you are the winner. End your day.
A third trade is allowable under certain circumstances. Like market conditions, reduced position size (risking only the day's profit), and the like.
"How do I control my greed?"
Here you go....
Two trades a day. If the first one is a loser, another trade can fix that. 2 losers, end of day. 1L and 1W, you are the winner. End your day.
A third trade is allowable under certain circumstances. Like market conditions, reduced position size (risking only the day's profit), and the like.
"How do I control my greed?"
Here you go....
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