Disliked{quote} It hasn't got through the 3352 level and now approaching the daily pivot. Considering going short.Ignored
Striving for consistency
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Disliked{quote} It hasn't got through the 3352 level and now approaching the daily pivot. Considering going short.Ignored
Dislikedi am unable to control my fears of loss, was long from 3302 since morning and target was 3350 but closed this winner at 3324waited for more than 3 hours but a 15 minute more could have given me double the pipsIgnored
Disliked{quote} Do not beat yourself up, small wins are good. If I knew I had net three 20 pip winners a day I would be very happy.Ignored
Disliked{quote} IF you send me a pm (private message) i will send you over a simple system to improve your trading skills. Just to help you gain the courage a new trader needsIgnored
Disliked{quote} but the problem with me is that i carry my losers too far and my winners too short so at the end of week stand on losing end although i have developed a little bit of understanding of the marketIgnored
Disliked{quote} but the problem with me is that i carry my losers too far and my winners too short so at the end of week stand on losing end although i have developed a little bit of understanding of the marketIgnored
Disliked{quote} Its very curious how we all, at some point do this; hold on to losers for too long hoping it will come back and close out profits too fast afraid it will retrace while we should cut loses short in fear of a run away loser and hold winners in hope of a run away winner.Ignored
Disliked{quote} I read somewhere that it is due to the pain / pleasure principal. Most people are more motivated by avoiding pain rather than gaining pleasure. Hence loosing is painful and we will stretch our risk and hope for the turn to avoid it. We are quite happy to take a little bit less pleasure by closing our profits early even although our analysis may show otherwise.Ignored
Disliked{quote} yes, like the pain of losing $xx is more than the pleasure of gaining $xxIgnored
Disliked3291 was resistance. It has just proven itself support now. Entry long at Market. SL at 3292, TP at 1.35. Possible re entry at Daily Pivot Point 3321. I do this in full awareness of the resitance in the area. However, I am also conscious that if price should close the day above 1.335 (Daily Candle), we should have an extended move move north to 1.38. I am placing myself in the market in readiness for this move. {image}Ignored