Disliked{quote} However, even if price subsequently moves X pips from an arbitrary point, that lost 'opportunity' does not automatically equate to missed win of X pips, because at the hypothetical time of 'entry' there was no guarantee that price would subsequently behave that way. Hence the 'myth' fallaciously employs the perspective of hindsight, and I (now) believe that you're correct. If 'opportunity' means 'valid setup according to your strategy', then although there's no guarantee that the lost opportunity would have resulted in a win, presumably...Ignored
well, this was exactly what i thought, but i will now say that you stole my thought, because yesterday somebody got upset with such a comment of mine
as always, excellent thread and response
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