I have trading systems that can produce consistent profits but I can't make money from them because I was not 100% discipline. I must correct it so I come here and will write my trading journal. I hope I can be 100% discipline from now on.
My discipline rules for every day every trade are:
My discipline rules for every day every trade are:
- Trade size: 2 mini lot per $3000 equity.
- SL of 10 to 25 pips for every trade.
- Only 1 open position at a time.
- Up to 2 trades per day.
- TP is 10 to 120 pips.
I will have great chance to produce 5%/month with DD less than 15% consistently if I can follow the above discipline rules every trade every day.