Disliked{quote} ever thought about the possibility that this sort of market conditions are perfect in catching out amateur fools here to long thinking that the EURUSD "looks/feels" valuable at the current price level.... question i would like to ask. if you are shorting the USD here, id like you to tell me which pair you are Longing against the USD and what are the reasons to justify it??Ignored
Shorting USD/JPY. I have a fib level in mind. But I hardly hold those as religion. All I know is that I am trying to get good at getting the fuck out when my mental stop tells me I need to get out. I dont look at my account balance AT ALL. Matter of fact..I close the portions of the screens on my platform. If there is ANYTHING I want to learn with this go around of 5k of my hard earned money is cutting losers dispassionately with no hesitation. If I can accomplish 100+ trades doing just that, even if I blow it all. I would consider that a success. I know its amateur. Thats fine with me. I have a great paying job that pays my bills. I just want to learn VERY WELL that 1 thing.
The coincidental success is more dangerous than the expected failure