Another Asia morning is complete.
I have no idea where market price goes from now, after I close all my trades.
(and I do not care to be honest)
I put this trade chart up as it is impossible for me to write these pre-trade thoughts as I trade.
So just some thought processes from when it was happening and I was focused.
(probably about 20% maths in here, and 80% qualitative-observational trades)
I (always) choose to take some early profit off the table, as soon as I can.
Some ask me why not “let it ride” to greater profit.
All I will say is I have established firm reasons for this based on hours & hours of trading this pair
I do not worry now if price goes further in my favour.
No fomo, back for Franky/London.
(Plus, the market maker needs to also make their profit so I don’t wish to leave them any of my liquidity )
Trade well, trade safe.
.
I have no idea where market price goes from now, after I close all my trades.
(and I do not care to be honest)
I put this trade chart up as it is impossible for me to write these pre-trade thoughts as I trade.
So just some thought processes from when it was happening and I was focused.
(probably about 20% maths in here, and 80% qualitative-observational trades)
I (always) choose to take some early profit off the table, as soon as I can.
Some ask me why not “let it ride” to greater profit.
All I will say is I have established firm reasons for this based on hours & hours of trading this pair
I do not worry now if price goes further in my favour.
No fomo, back for Franky/London.
(Plus, the market maker needs to also make their profit so I don’t wish to leave them any of my liquidity )
Trade well, trade safe.
.
6