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FX.co ★ ariane83 | Can a proper trading plan helps the trader to avoid the loss? (part 4)

Can a proper trading plan helps the trader to avoid the loss? (part 4)

Can a proper trading plan helps the trader to avoid the loss? (part 4)

Well, I'm not really planning to, but I understand that they will happen anyway. The system is simple: I trade intraday on the hourly chart and usually don't open more than one trade at a time, I stopped setting stop losses, but there is no profit. And if I close an order at a loss, then I don't trade for the rest of the day and don't even look at the chart, and then I make up for the loss, if there are several losses in a row, then I take a break. Well, I do the same with profitable trades, but I don't take a break after a series of profitable orders, although maybe I should.

Can a proper trading plan helps the trader to avoid the loss? (part 4)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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