Just Preparing myself for the real battle in the battlefield. Getting Prepared in all aspects which i need to fight during my trading session live.
Hoping for a Good Start. I will be starting my trading with one Lot. My Stratgy will be as below:
(a) I will be trtading with one lot only.
(b) Will be Trading on the Fixed DP Points and Dynamic DP Points as well.
(c) My Target will be to gain 20 points initially.
(d) I will always be entering in the Trade with pre-decided Stop Loss.
(e) My Days Exit Point will be 20 Points Loss. Once 20 Point Loss is booked, i will be exiting the day for Trading and will only be watching the market silently.
(f) Continous 2 day loss will be my week stay time. It means if i will book 20 points loss continously 2 days, i will exit the trading for the week and will re-assess my strategy.
(g) I Have a pre-defined checklist made and customized as per my local requirement which i will be following and will also make the required changed in the checklist if required.
(h) i will be trading on dual screen setup
on screen 1 - 3 minute chart will be there which will be my trading time frame.
on screen 2 - 1 minute chart will be there which will be my entry and exit chart. Also the trading terminal will be there on my secon screen.
Best Of Luck and Happy Trading!
Hoping for a Good Start. I will be starting my trading with one Lot. My Stratgy will be as below:
(a) I will be trtading with one lot only.
(b) Will be Trading on the Fixed DP Points and Dynamic DP Points as well.
(c) My Target will be to gain 20 points initially.
(d) I will always be entering in the Trade with pre-decided Stop Loss.
(e) My Days Exit Point will be 20 Points Loss. Once 20 Point Loss is booked, i will be exiting the day for Trading and will only be watching the market silently.
(f) Continous 2 day loss will be my week stay time. It means if i will book 20 points loss continously 2 days, i will exit the trading for the week and will re-assess my strategy.
(g) I Have a pre-defined checklist made and customized as per my local requirement which i will be following and will also make the required changed in the checklist if required.
(h) i will be trading on dual screen setup
on screen 1 - 3 minute chart will be there which will be my trading time frame.
on screen 2 - 1 minute chart will be there which will be my entry and exit chart. Also the trading terminal will be there on my secon screen.
Best Of Luck and Happy Trading!
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