I agree with you, more times than not, you will get burned. Here is a piece of advice, don't even comment on the trades that don't follow your rules. For me, when I set my charts up today, I'm trading with the trend only (whatever fisher on the 15min chart is saying). The reason for this is, if you start looking at "what could have been" you will begin to inch closer and closer to trading them.
Just look at them as the proper step that must be taken for you to get bac in the market. Be honest and ask yourself these two questions. Your answers will determine a lot for you.
Are you okay with taking a trade in line with your rules and having it turn out to be a losing trade?
Are you upset about missing out on a trade that did not follow your rules but would have made you a ton of money?
Now, out of these two questions, which one bothers you the most. Are you except more on losing on missing out?
Think hard on those. I'm curious to see what your answers will be.
Just look at them as the proper step that must be taken for you to get bac in the market. Be honest and ask yourself these two questions. Your answers will determine a lot for you.
Are you okay with taking a trade in line with your rules and having it turn out to be a losing trade?
Are you upset about missing out on a trade that did not follow your rules but would have made you a ton of money?
Now, out of these two questions, which one bothers you the most. Are you except more on losing on missing out?
Think hard on those. I'm curious to see what your answers will be.
Dislikedoh ghee, if I had taken that buy signal on the 5m, just see I could have had a good trade...
nada.....
still a counter trend trade since, 15m fisher is still below 0.
thing about the countertrend signals is that sometimes they can move pretty decently but more often than not they are short little moves. Not worth the risk....
better to wait to see if the reversal is for real by getting buy signal on 15 m. and then only going long on the 2nd bar after the signal and 5m has to still be above 0.....Ignored