DislikedHello hope you dont mind me posting my thoughts here.
I learned a lesson from my losing trades .
Question to myself .
Q.why is it easy for my losers to get big while my winners easily stay small.?
Answer. I seem to take profits of 10 to 20 pips ,the first sign of retrace am out with say 20 pips.
My losers on the other hand go against say 10-20pips stay in loving the retrace back towards me ( it might go my way yet).Damn no not this time again starts to move away.Again same thoughts wen retrace.until...Ignored
red: set stoploss, do not move it. i always set my sl at be as soon as possible when in any doubt. if it gets hit, but pa reverses again to the preferred direction, don't hop in but close your eyes for a moment until the entry is gone. it helps a lot.