Trade Analysis
Last thing - I’ll have to adjust the risk for the current volatility in the markets, at least until these momentum runs on USD and JPY pairs are over. Also, since the account is down from 1.1M to 700K, I’ll have to use smaller risk per trade than before, to account for risk management.
I’ll be basically just keeping stops a bit tighter to take us out quickly if trades start to lose, but I’ll still extend the profit targets to reasonable levels based on the daily/weekly time frames.
Will cover this in the YT video today!