Rob, I’m by no means a expert. I keep a weekly journal and am able, over time, to spot problems I have trading. The two big problems I’ve had to deal with is learning to properly use a stop and over trading. I have a emergency SL that rarely gets hit – I’m usually out of a bad trade well before it gets hit. It was 27 pips now down to 21. Got hit bout month and half ago. A Euro politician uttered some nonsense and the marked spiked around 80 pips. Account dropped bit over 10% in a couple minutes I was up getting cup of coffee. I waited hour so till spike settled down and started back down. Picked up the loss and about 8% profit. I trade as little as possible. If I have exceeded my profit projection for the week through Wednesday or Thursday – I’m done – hate trading on Friday.
When I joined FF, most everyone said you couldn’t make it long term scalping. Found out from Stu that not only was it very profitable but there were several ways to trade – just gotta find the right fit for one’s personality and traits. Hope over time we can share information that makes the most of out trading time.