As you have probably noticed, this week is not fun packed up to now. The reason for this is that the markets in general are correcting. This situation usually creates losses for traders because they become uneasy and they feel that they did not enter the market for so long.
If you recognize that you you have not lost any of your money in these conditions and that you are setting up for the continuations of the moves and you consider these 2 things as gains, then you are on your way to becoming a good trader.
Not losing is winning..
Order cancelled
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this trade is no longer valid
Comments
AmmenLee
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Order cancelled: this trade is no longer valid lol. not shit
Ichimoku_Trader
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Hmmmmmmm
iSaleh
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why, what happen? why it is going down?
Ichimoku_Trader
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We broke important support which turned the pair bearish so we need to get a structure confirmation before we go long now
iSaleh
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thanks for your information. good luck
Ichimoku_Trader
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my pleasure
xadiq
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Thank you for your continued guidance. I agree that the markets seem to throw off technicals too frequently this week (even last week, personally). I'm doing short, quick trades to capture any pips I can for the rest of the week.
Ichimoku_Trader
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good luck
Subtle-trader
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love what you just said. I tend to have that mistake always, after earning during volatile periods, I end up losing more money during the correction and when the market is finding its direction. I have a strategy that works, i am still finding the time frame when I should trade, and when I shouldn't. Obviously this week is that shouldn't week.
Ichimoku_Trader
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If you study the underlying structure of the market, you will always know what to expect during the coming period