Thread: "99pips" strategy

Hello everyone, I would like to start post my trades on this forum. The best Technics when trader has a perfect R & R strategy...this is what I tried to achieve in last few years. I enter in early Frankfurt or London session, my stops always: 30pips, LIMIT ALWAYS: 99pips...last trade I made on January 6th, Sell GBP/USD @ 22:45 ...any way lets make some pips together... "99pips"
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Good day everyone, sorry I didn't post trades for a few days, there is no perfect set ups to take 99pips, but I entered on one of my mini acct. on AUD/USD buy @ 0.9230 buy with 30pips stop, limit: OPEN, there is a few strong Res. levels 0.9266, but stronger VRL (vital res. level) @ 0.9287...I am placing my limit there and leaving computer...

Emotions barriers: (when we have a system)

1) We trade what our strategy dictates, NOT WHAT WE THINK WILL HAPPEN NEXT.

2) Create Solid stop & limit levels, place them and leave computer till you develop confidence.

3) Your self esteem cannot be tied into your trading. You cannot feel great one day when you made money and feel really bad the next day when you lost. This is what Mrs. Ruth Barrons Roosevelth said in an article called: “trading without ego” : ” Self concept has to be strong and durable and not at the mercy of the current, last or next trade.”

4) Do not let the market dictate or affect your personal life.

5) ONLY EXPERIENCED trades can fulfill your confidence…

6) Completely detached from anything else that is not part of the trading system you have chosen.

7) Do not say anything or dream about your future profits! Control yourself. Take the trade and manage it professionally, without any expectations.

8) You cannot get angry when trading!