Disliked{quote} thanks. Ok, understand situational as always. My greatest weakness is scaling into losers and scaling out of winners. I still make profits but very poor overall. As you said, trade what you see and not what you belive... i see this little as one of the larger “nuts” to break in my trading, basically adding to winners and scaling out loosers.. so easy to say but stuck in a bad cycle...Ignored
Then inevitably i get close to my SL and have to decide if i let it hit the SL and take a big loss, or move my SL further down below *Next random Support level*.
I fully know that everything about that is the incorrect way to trade, but it just seems like its alot easier said than done.
I think i should open a second account and then always place the first trade in both directions and then run with the one that is going in the right direction and close out the other.... does anyone else do that? could it work?