[L.C.]

My biggest trading challenge when I first started trading was developing faith in myself and my trading system. I had to stop staring at my trading platform and focus on what price was doing in the charts. I learned to give my trades time to work out.

I trade off a 30 min chart, so I learned to walk away while that 30 min candle was open. If I sat and stared at it, my emotions would get the best of me and I would either close to early or to late and give back profits. I only analyze closed candles. This helped the most in developing a successful trading system.

Another part of my trading method involves finding and using realistic profit targets and scaling out. I close part of my trade at the first profit level and set the remaining lots at break even, that way I dont give anything back.

My trades usually net approx. 20 to 30 pips on the first profit target and 40 to 50 pips on the final target, but every trade is different and many trades net more than that.

Today in my chat room, I traded the USD/JPY and my total net was 180 pips. This was done by many other members in my chat room using the same scaling out method.

I have videos explaining these methods. If you would like to see one, please message me and I can send you the link to your email address.

Thank you for reading my post,
L.C.
udaytrading. com