Disliked{quote} I moved the SL just a notch yesterday. Enough to nearly escape death. Went to sleep and saw this morning that the bulls were doing pretty well. A very large bullish candle gave me confidence in the trade. There was high impact news coming up for GBP, but the bullish candle made me stay in the trade. Bears started to attack, big volume candles. My stop was nearly hit for the second time. I wanted to get out but I have no rules allowing me to get out. So I had to let the trade run. Was thinking of Mr. Pip saying we can not control what happens...Ignored
Backtest and trust the proces. proces over outcome.
What I am currently doing is rate my trades if I took them according to my trading plan, if it is, I rate it green and if I don;t I rate it red and state the reason why I took it. I don't get crushed by the results and just trade according to my trading plan, because at the end of the day, that is what really matters, the money will follow. This helped me a lot personally.
Thanks for sharing Peter, green pips to you sir!
"Luck is when opportunity meets preparation"
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