E_R_A

My strategy for building up my account: ---------------------------------------------------- 1. Protecting my account at any cost. 2. Until I have a decent account size, use max 1000$ per trade, and max 4-5 trade at a time. It means I will not risk more than half of my account size. It worked very well between mid January and mid March. 3. Try to trade between premarket hours and 10:30, and after 3 until close. In between I lose money. Exception: cutting losses. 4. Size accordingly and keep risk level under 100$ per trade for now. 5. Don't hold and hope. My winning trades lasted an average 4 days, the losers an average 10 days. Swing trade works well for me within a week. If I can't turn a trade to profit in such amount of time, think about re-entering a trade with a better price/size combination. 6. Focus on small cap biotech companies where there is an unusual volume. They play well for me. 7. Play the multiday breakout setup and always do the research before entering a trade. 8. Don't chase trades, don't force something if the momentum is gone. Don't be a victim of FOMO. I can gain tomorrow too. 9. The key is to build my account, it does not matter if it is 50$ gain/trade as long as I win. I need to overcome the DTP rule by these small gains. I am willing to give myself the time to get over it. I'd rather go slower than I initially thought when I started. 10. Regularly reminding myself of the previous points.

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