Marco Island, FL
Legendary Market Wizard
Experience: Beginner
Platform: Sierra Chart
Broker: AMP Global
Trading: MCL MES
Frequency: Several times daily
Duration: Minutes
Posts: 798 since Jul 2022
Thanks Given: 878
Thanks Received: 916
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I have been trading since March of this year. I tried going for 1 tick profit and it did not end well. I would do good for 4, 5, or 6 trades, making one tick each, then I would run into a losing trade that wiped out my ticks that I made. When I was in the losing position I was worried that I would lose all of my one tick profits and then I would hold my losing trade because I did not want to give up my ticks. Well you know what happened next...I went on to lose 10 times the amount I made on my one tick profits. So going for one tick did not work out.
Hopefully I am not sounding redundant but I thought I would share what happened to me.
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