Hi
I have been trading forex for 2 years, the 1st year was totally lost. After the 1st year, I find a way to trade which I was using Support & resistance. For the 2nd year, the profit is now $800 using 0.1 lot per trade. I am happy for this result, at least I trade from losing profit and now is gaining profit. However, I would like to go to next level on how to improve my skill.
Because I am using support & resistance, there's no mechanical indicator or mechanical way for me to entry my order. All of the entry, I am using my experience watching my chart!
Now, I find my problem on trading is, sometimes, when I win 3 in a row, my emotion are getting higher, I will enter a trade without any reason. And because of that, I will lose out my profit( there's 2-3 times, I lose half my profit), since I am not using high R:R ratio.
Now, I don't know what should I do, should I trade for bigger lot to gain more profit, or should I find another way to trade? Thx for help
I have been trading forex for 2 years, the 1st year was totally lost. After the 1st year, I find a way to trade which I was using Support & resistance. For the 2nd year, the profit is now $800 using 0.1 lot per trade. I am happy for this result, at least I trade from losing profit and now is gaining profit. However, I would like to go to next level on how to improve my skill.
Because I am using support & resistance, there's no mechanical indicator or mechanical way for me to entry my order. All of the entry, I am using my experience watching my chart!
Now, I find my problem on trading is, sometimes, when I win 3 in a row, my emotion are getting higher, I will enter a trade without any reason. And because of that, I will lose out my profit( there's 2-3 times, I lose half my profit), since I am not using high R:R ratio.
Now, I don't know what should I do, should I trade for bigger lot to gain more profit, or should I find another way to trade? Thx for help