Proving the theory of persistence
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Thread: Proving the theory of persistence

  1. #1
    Hello men,

    I was not a patient individual in terms of trading .
    The trading system I had been using (classic PA - fibs, SR, TLs, candle pattern confirmations, and opinion ) for 4 decades is profitable, actually it's equipped to present good 5% gain every month. However, the problem is, I was not patient enough to compound these profits and instead would draw due to some reasons.

    Thus, this journal is aimed to develop myself in terms of persistence and discipline. The system I am going to use is described https://www.forexsoutheast.asia/gene...ot-points.html
    My broker is https://www.exness.com/a/tuummuum.

    The goal:
    Make 2-3% gain every day in 50 forthcoming trading times. With simple math it'd make me 269-439% gain. I shall inject more money after 20 days.

    MM: 2 percent risk per trade
    RR: 1:0.5 into 1:1

    on account of the fact that I am on my occupation, I will post the trading report once a day another trading day with screens.
    Analysis of errors and progress will also be displayed.

    Wish me luck guys!

  2. #2
    Quote Originally Posted by ;
    5 percent a month for 4 years is amazing! And compound interest is very powerful. Staying disciplined are the hardest part. Fear, greed, and impatience are tough to control. That's why I believe a lot of people seem to EA's since they truly don't have any emotion. I am hoping this works out for you. Best wishes!
    Thanks for the kind words bro! Will def try being

  3. #3
    Hello men,

    Hope you are having a fantastic day!

    Progress: 2 days' goals are attained.

    Analysis: '' I don't feel that it is essential to post the transactions I have taken, since they are so many.

    Lessons learned:
    1) I've cut losses short, as I exited on BE and later realized that those transactions were profitable. But, there's absolutely no guarantee that the scenario will always be the same. I was hesitant to place to BE and greed is still playing its role.
    Hence, I'll believe in the system and adhere with the rules.
    2) desired to take a growing number of transactions, but shut down the terminal and concentrated on my other jobs. Overtrading is bad - stick to a trading plan!

    That is basically it.
    Stay green ppl and have a fantastic day!

  4. #4
    Quote Originally Posted by ;
    Hi guys, I was never a patient person in terms of trading . The trading platform I had been using (classic PA - fibs, SR, TLs, candle pattern confirmations, and opinion ) for 4 decades is profitable, actually it is able to provide good 5% profit every month. However, the issue isI was never patient enough to compound these profits and rather would withdraw due to some reasons. Therefore, this diary is aimed to develop myself in terms of discipline and persistence. The system I am going to use is clarified https://www.forexsoutheast.asia/fore...ading-egy.html...
    Proceed, all the best

  5. #5
    Quote Originally Posted by ;
    quote Proceed, all the best
    thanks Bill, I reciproe

  6. #6
    5 per cent a month for 4 years is awesome!

    And compound interest is extremely powerful.

    Staying disciplined are the toughest part. Fear, greed, and impatience are hard to control. That's why I feel many men and women look to EA's because they actually have no emotion.

    I hope this works out for you. Best wishes!

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