DislikedHi P.Dean,
Looking at your chart it looks more like mild strike. MSBT. Small range and TMA value under 35. Please correct me if I'm wrong....
Do you trade a whole session or just a few hours?
I'm wanting to build a trading routine based around a 3hour block. Not ready yet but soon. the strike rate of success on Price Accordingly is wonderful. Even losing trades give you a pip or two profit before they turn.
Bigger losses are hard to take. How often would you let a hard stop be hit please say in every 10 losses?Ignored
Mildly striking band play normally refers to a counter trade...
in this case here.. the band may look mildly striking but my entry is towards the direction of the band.. (don't get too fixated on the numbers.. try to see the true face of the price)..so it falls into a Momentum trade setup.
I try very hard to trade the whole European, but i do get lazy.. however in order to be fully successful its important to trade the whole session (10hr long).
hard sl for me gets hit very rarely.. for everyone this could be different since experience, many practiced trades, quickness and etc, plays a big part..
one major tip..
If one would be constantly scared of getting hit with hard SL.. would never become successful because it cripples ones ability and will to trade properly, and it start with second guessing which leads to fear of pulling the trigger, and, pulling the trigger in the wrong time.
I recommend for one to rather lose than do nothing or do it with fear and be wishy-washy!! .. stay on course with the plan and get many many real account practice trades under your belt, learn to lose and correct it the next time, and you will slowly see better and better results.. before you know it you are a real Trader.. a Force.. a Player.