Daily Bias + Break Even Trading Recap

Daily Bias + Break Even Trading RecapLeçon 10 sur 125 min de lecture

Closed near entry

A result of almost nothing, what it is easy to conclude from it, and the row it produces in a journal that records causes rather than outcomes.

The trade closed at 2,510 against an entry of 2,512.

The result

Two dollars on 0.01 lot, so two dollars in total, against nine that were at risk.

That is roughly a fifth of the risk taken, which in any practical sense is flat. The day neither cost money nor made any.

Two dollars is not a win. It is a trade that ended where it started.

What a flat result hides

A loss argues with you. A flat result does not, and that is what makes it worth stopping on.

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