DislikedHi bobokus,
Just want to say hello and thank you very much.
I have following your thread for almost 3 month, I have really high expectation after reading your trading system and try to apply it for my trade.
The result really awesome, I can make my account reach 700% gain at last month big roller coaster take place.
But I still can't control my greed trade emotionally when wrong and ended losing 3/4 of my gain.
Of course, this still very good for me,
I'd like to post today chart for GBP/USD 1h, and want to ask if I place the fib at right...Ignored
Congradualations on the previous gains, controlling the losses are everyones problem we all want to let them run too long thinking that it will come back to it as some point and thats a bad habit. Once you have a point set that you know the market is turning against you, you get out of the trade then, no second quessing and accept the fact your simply wrong and take the loss, lossing trades happen just as often as winning trades. Controlling the losses are more important than the winners everyone just has to change their habits and accept the loosers when they happen and move on to the next setup.
You placement on todays movement is correct unless we make a new high, and be careful taking retracements when the trending during the day is strong.
