Disliked{quote} How would you rate this on your record book (The trade did not take off) {image}Ignored
I record all those that get close & turn, but have a trigger setting so that only those that actually touch get shown as trades. It means I can look at is it better to enter before, at or after the level. It might surprise you but financially the "best" return is to wait for price to get 5 pips past the level, then take 5 off the stop and add 5 to the PT, so either -7+15 or -15+25. The reason it is financially better is obviously those that win win more, & the losers lose less - but I wouldn't advocate doing it as when everyone else tells you they've had 5 trades today and they all won, and you had none coz none got 5 pips past the level before turning you can imagine how you'd feel. When you are in a crowd it does influence you no matter how hard you try to not let it
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