DislikedI made a stupid move Friday morning, seeing GY down over the night, and placed a long coz I thought I could get a retrace. Not realizing with my still sleepy head that it just broke the support trend line.
81 pips down on that trade at the moment.
But I'm hoping that it will come back to test the trend line and maybe I can come out as a winner here.
Question for the forum: I would like to have some good book titles about trading psychology. Because I have almost endless patience when it comes to a losing trade becoming a winner, but usually I...Ignored
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Trading In The Zone by Mark Douglas is regarded as one of the best on trading psychology. I've read bits and pieces, and there is so much relevancy even for experienced traders, it's uncanny. Search and find it here. (No, I didn't put it there.)Ignored
And I'm glad my posting has helped the forum in your opinion.
DislikedThank you Beljevina, but one question here" if a trade goes against you for let's say 1,000 pips and you don't wanna take the loss, then, when it comes back, why would you close for b-e? Why not let it ride for the proper gain that you were expecting when you started this trade in the first place?
Believe me, after weeks of worry, now you can enjoy a week of JOYIgnored
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