One trader got ready to entry the market.
He studied all charts, he paper traded for 6 months, he counted all Elliott waves and drew every support/resistance line you can imagine.
He thoroughly calculated stop loss and profit taken levels.
Then he put his order to the broker and prepared to wait how the market will react.
After one minute of waiting something terrific has happened in the world and the position got closed by margin call skipping his stop by 500 pips.
His wife entered a room and asked him: NOW you understand me???
He studied all charts, he paper traded for 6 months, he counted all Elliott waves and drew every support/resistance line you can imagine.
He thoroughly calculated stop loss and profit taken levels.
Then he put his order to the broker and prepared to wait how the market will react.
After one minute of waiting something terrific has happened in the world and the position got closed by margin call skipping his stop by 500 pips.
His wife entered a room and asked him: NOW you understand me???
