Wanted to start a public journal. I believe i've developed a rockstar trading system in nt8.
I am currently sim trading forex to become consistent.
Iam using priceactionswing pro, market profile, and some others i developed on my own.
The indicators do not clog the charts too much. Few on price panel, one collective on bottom panel.
Its still early in my sim trading. There are some frustrations iam dealing with. I had a large sim loss from sloppy trading so i reset the sim account. Ive changed my system anyways.
The problem with forex is the waiting patience to trade the correct set up of signals. Most of the time its untradable chop.
Another is setting a consistent time frame to trade. I have a full free schedule, but i start trading different times.
Iam trying to trade late hours PST to trade the london hours, trading the GBP pairs. I get so tired i cant focus. Those are good times to trade usually, but sometimes the NY trading hours can look good too.
Im still not satisfied with my trade performance. Id like to trade seldom, reduce commissions and only trade the large swings. Maybe 1-3 trades a day, but big.
I trade 100 - 300 ticks charts. I will post performance results in the coming weeks.
Who has been through this and what have you done to become more successful?