Hi tafa. I must say you are doing way better that you were before. you do set stop loss. The point is that your risk is still too high. you risk 5% sometimes, which is still a lot. try to lower down your risk down to 1% by lowering position size. It will be less painful for you. Besides hesitating means loosing. Once your indicators tell you to get in position - do it, do not hesitate, just do it.
one more thing. I have a feeling that you didn't test your system properly. You have one 10-20% or 1000% profit and just by this one you judge that system will do - "yes, this is it". think that this 1000% profit could be just luck, nothing else. after at least 100 trades you can say anything about system's reliability, you can see how much profit it gives over certain period, you can say what is the ratio between win and loose, and as you're daytrader the 100 is an absolute minimum, and it must be done on low budget account or on demo.
you remember when I told you to read some of the books from my list? you keep loosing money, you could actually have a library of books about forex by now. spend them 50 quid on 2-3 books, read them, it opens mind
one more thing. I have a feeling that you didn't test your system properly. You have one 10-20% or 1000% profit and just by this one you judge that system will do - "yes, this is it". think that this 1000% profit could be just luck, nothing else. after at least 100 trades you can say anything about system's reliability, you can see how much profit it gives over certain period, you can say what is the ratio between win and loose, and as you're daytrader the 100 is an absolute minimum, and it must be done on low budget account or on demo.
you remember when I told you to read some of the books from my list? you keep loosing money, you could actually have a library of books about forex by now. spend them 50 quid on 2-3 books, read them, it opens mind
On my way to financial independence - if others can do it - I can do it