UnknownUnicorn300837

Stick to your rules, at all time !

Long
FX:GBPJPY   British Pound / Japanese Yen
0
Haven't been posting in a while so wanted to share some ideas and motivation today as markets are quiet !

Had been looking to get involved with this bullish BAT with conventional targets at the 38.2 and 61.8 Fib retracement. Price came 1 pip under my order but for some reason I did not got filled. Price then reversed, and hit T1 before falling like a stone the last couple hours.

One of my trading rules is that if price has hit would be target without filling me I have to cancel the orders. Which I did and it kept me from getting a loser.

Whaveter your rules are, you need to stick to them at all times, at all cost, even if that means you miss opportunity and profit. Becoming a consistently profitable trader takes to being a consistently rule-following trader !!

Have a great day and enjoy the weekend folks !
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