Dow Jones YM Week of January 15-19 Expected Range Bound

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I am expecting another choppy range week and will buy the lows, sell the highs. Will take it slow this week and try to avoid getting chopped up.

I am only going to allow 2-3 trades per day.
I am only going to allow 2 losses per day as Max daily loss
I am only going to allow 2 winners in a row as Max profit protection

I will only do 2:1 on every one of my trades and at the end of the week, add up my P/L stats.
I will try to shoot for 50-60% win rate.

10 trades at 2 to 1 at 50% win rate is 5% gain.
Not
Cherry picked trades just to see how a 2 to 1 with 50 tick stop 100 tick target should look like.

Mostly 1-3 trades per day

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İşlem elle kapatılmış
My two trades on Tuesday. One winner and One Loser. +505 and -240 respectively for a total of +260 for the day. The second trade I am a bit embarrassed about but still learning.

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.