DislikedHey Red and company..I want to share with u also an unsuccessful trade analysis.
Many traders and maybe the big majority of traders post only succesful trades which would made me thinking that all are millionaires.
Thats not the case. The loses are a part of this profession and we need to take it as a normal part of it.
I want to share this unsuccesful trade with fellow traders.
This trade was taken at a very late Asia session when PA was consolidating around 3770-3780.
Yesterday day was bearish and weekly showed a range, I would normally...Ignored
yes, losses have to be managed and today dollar is growing a pair of ......
its always good to anaylize these losing trades and thanks for sharing here. Most traders ( including myself ) want to forget losses hence little is posted about them but its the right thing to do - l'm with you in that
you are being true to yourself and thats rare in this industry
tipping my hat T@