I keep losing trades, should I change my strategy? [included screenshot showing PL].
Changing the strategy doesn’t change your psychology. The problem is you can’t be pulling in $2 wins and $18 losses on a regular basis. And this is coming from someone who doesn’t always trade a positive RR ratio, my mean reversion accounts are usually 1:1 at BEST.
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How much do I need to grow my account per month to be considered profitable. I understand technically its 1% but I doubt that's what people are talking about when they say profitable trader. You know, if you're making a profit, then you're profitable—
I am sort of new to forex, although have spent months learning the market/patterns etc. Have been practice trading on different pairs, but have liked USDJPY the most so lately I have focused on USDJPY. Was wondering if you all have had any tips on making a trading strategy?