SIM Trading Begins

I've spent the past week putting together my new trading plan based on the excellent training and live trading sessions done last week with EL and the longer term course I am doing with Pride Educators.

My plan calls for an incremental approach.  I'm starting out by trading single lot size, with a small risk/reward ratio.  The purpose is to learn the tradeable chart pattern sequences, learn my execution platform and most importantly gain risk management experience using scratch and reentry techniques.  If I can achieve a level of success, especially in the latter then I have a good chance of going to the next level of increasing size and using scaling in and out to manage risk and create profits.  At the moment I'm essentially scalping the market.

A rather slow start to my SIM trading today, I need to get into a daily routine with documenting prep, although I did prep for the market my MP chart is not well documented.