TygerKrane wrote:[highlight=darkred]Looking for lessons on how to best handle the consolidation part...[/highlight]
Waiting for outcome to compare with what happened yesterday...
Trying to cut down on my drawdowns. (and my overall horrible trading, lol.)
{even though my helpful note from Pablo101 said: "You guys really need to wait for MOMO"}
Are you starting with and trading based on a high TF chart?
If so then you will start off with a 1/5 or 1/4 position and increase your position size as larger periods of time close over stronger and stronger imaginary lines.