Dislikedyeah, some don't work out, some lose... it's the element of trading that causes a lot of failure, But you can lose and be profitable. EDIT... think of it a different way.... did we nearly get a really cheap entry right at the start of a new trend that went for a long long way? So we were a little unlucky with our chosen entry technique there, but if we hit 2 or 3 of those big runs a week we will be doing very nicely indeed.. thats the mindset...allow the market to win but be clever, when we do get the break we will be winning much more than we lose...Ignored
The total loss with the 3 first engulfers in my example would have been ridiculously small anyway. Just I find sad not catching the next 50-60 pips as I consider the signal is not void yet. In short to be pugnacious but not stubborn.
No greed. No fear. Just maths.