Disliked{quote} round numbers r so hard 2 deal wit ........ its hard 2 stay on target ........ u need a bit of luck now & again ........ end of MN all done ............ {image}Ignored
Those losing trades are really taking the joy out of trading.
Have opened Trade Explorers if you want to take a peek. Set and forget orders and check every 1- 4 hours. Orders with trailers stop I do not worry about. If pullback's take them out, I take what the market gives me, if the set up still meet the TMS criteria then I place orders again or add on to. (always trying to building an equity millipede).
It is just a big mental block to close a losing trade - always hoping that the market moves back into profit. Had 17 orders that were losing. The market did go into profit and the longs one took 4 days. It is an mental block to give pips back to the broker and something I have to break.
Now in my book that is not trading it is gambling. If I took a buy order on GBPUSD with Brexit I would have been in a serious draw down. Zone Recovery Algorithm does not work either, just as risky as hoping that market will move into profit.
1