As an USU trader, who has not even completed the requirements yet, I found A300E very appealing and enticing. On the 2 weeks that I have tried to trade using this set-up, (I am NOT even SURE that this is the CORRECT SET-UP for A300E since this set-up is taught on AMIT level only) I have managed to get some decent wins but 3 big losses. This 3 losses wiped-out all my winnings for 2 weeks. Well I guess that is why A300E is not taught in USU level.
Pondering on my 3 losses I have come to this conclusions:
1. I still have GREED on my system
2. FOLLOW and BELIEVE in the SET-UP OUTLINE, it is OK to LOOSE SMALL pips but it is NOT OK to lose BIG. I am the one who outlined the set-up so I must own and follow it.
3. Cut losses early on, its OK to have losses as long as I am on the positive side at the end of the week/month.
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