DislikedHi Peter,
Agreed - and in my defence, I didn't say the question was 'invalid' - only flawed.Ignored
To be sure, I sit here now, after all this time, with a profound sense of achievement. I'm comfortable in my trading skin and whenever I look at a chart I seem to know when is a good time to place a trade or stay out.
When I'm in a trade, irrespective of whether it's in profit or drawdown, I can make sound judgement calls on holding or folding. This comes from not only understanding the market's rhythm but a sound knowledge of what are reasonable targets for each trade and a sense of when to get out if that target looks too ambitious under current circumstances.
Do I have self-doubts? Often. As it took me so long to achieve even this level of skill, I'm still thinking that maybe I'm fooling myself. As I'm trading the simplest of methods (S/R) and have found a way of marking the charts which historically I've proven to be sound, I see no reason to doubt that my ability to be consistently profitably will be maintained.