First of all Happy new year to all my friends and members of this forum including Super mod and Moderators.
I decided to open my Second trading Journal in this New year with a new plan of Work .Here me will be using
1. 0.10 to 0.30 lotsize with a starting 2000 pips protection and will aim 20-30 pips target price with the same stoploss .
2. If my first target price misses and start moving to the stop loss,i will open with triple lotsize in that same direction .
So here I will try Hedging with Support and resistance levels .
My aim here will be to make some extra pips from my previous unclosed losing trade orders also.
It will be a challenge to me this year to break my previous profit amount of about 7k$ .
My starting real account balance will be 200$
Sometime i will also use a demo trading account and the bonus account for some clarification .