DislikedWell Turveyd When you find out how to stop the big loss....let me know...I have the same problem you have! I am in the eur/usd now at 1.3350 area long...trying to buy dips and sell out when it starts back down to make the loss less painfull!!!!Ignored
Yep sucks don't it, I crack that I'm rich, it's all about Mind Set, if you let the market move against you at all they your doomed, you'd got to get the mind set to BAIL and not trade on HOPE it'll turn up.
The Direction is Key, EURO currently I know the direction is down and I'm currently at a loss, EurJpy I coulda sold 50pips higher, the 5sma direction turned down I shoulda took the profit and RAN but NO I HOPED for More.
Got to let go of HOPE hope is the mind killer for trading
Yes I am mainly saying this to myself
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!