Opposite for me, I have no patience and if my timing is not perfect ill scratch the trade for a loss of the spread or maybe slightly more..
Missed many good moves from doing this, but also saved myself a lot of pain as well.
this is also why I am mainly scalping, dont have the patience to wait for it..My fault is having stops too tight. I did a short and got stopped at 1.294 as you will recall if you were online earlier on today.
Obviously you cannot have no stop, unless the trade is immaterial
this is common problem bro, to overcome, before enter, you need do few calculations to define trade plan
calculate room to next S&R
then calculate r/r
this wil give entry sl and target
once achive target entry price
enter with preset entry sl and target
and sit on hands.
eg
pa 1000
next resist 1100
possible pip target 100
(suggest never try achieve 100%) so target 50% 50pip 1050
r/r of 1/2 is sl risk 25pip sl 975 close trade 1050
so when pa achieve 1000
enter sl 975 close 1050
and sit on hand until trade closed either in profit 50pip or...
you up there ^
time doesn't actually exist; it was just a concept invented my man to represent change..... :nerd:
