This blog is an exercise of discipline for me, the lack of discipline and consistency is my biggest problem. So I will try to stay with the plan that follows for November.
I use a 40 times leverage, 10 pips per day is a +2% of my account. I will go for 10% and 50 pips per week, 40% per month., compounding the gains and increasing the lot size week after week. To keep this pace, I have a strictly tight stoploss of 10-12 pips, applied on the 1M TF I use and very fast trades. Only the high probability trades on the very short term are taken.
Planning is definitely the key to things and if we are able to do this correctly then we will make super profits which is why I love working with OctaFX broker where they always help me with that especially through their 50% bonus on deposit, it’s a really decent amount and helps me a lot to work easily, so that’s why I am able to be successful without having to face much trouble at all in this difficult and complicated world of trading.
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