“A Trading Book Must Own & Trading Simple Patterns” https://www.youtube.com/channel/UCVveEks3MWZqOsvzTF_LGQg?sub_confirmation=1
Today I have a handful of advanced patterns on the radar including a , , and a . I’m not too big on patterns so I’ll be ignoring that one but it’s there.
Aside from that, I just got short the AUDCAD from last night’s Syndicate video which is now featuring another pattern inside of our ab=cd/2618 trade and I’ve got my eyes glued to EURUSD , GBPUSD & NZDUSD from some trading opportunities.
Yesterday was a no trade day for me, but hopefully I’ll get some valid signals today and end the week with a bang!
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Lesson learned..., SL too tight (194.85)..., should have known that the high @ 195 would be taken out..., hitting myself in the head now... :-)
Anyhow, now on the way to complete the bullish bat (I hope), any recommendations on SL at completion of the bat?
But, you're right, I get the point... I had a plan, followed it through so it was a good trade anyhow, right?!
Thanks Akil I needed that ;-) :-)
The psychology of trading for me is the most difficult..., wiped out my whole account before by revenge trading; you know everything you shouldn't do but still you do it, over and over again... Greed, fear, revenge, not being able to take a loss...
That's why I stopped monitoring my trades, I just put in orders (separate order for every TP, typically 3 TP's) and wait for them to be filled and completed (win or loss), only adjusting SL after completion of TP1 (and TP2, but not always).
That already did alot for me, I would recommend it to anyone! Watching the screens during a trade can be so stressfull...
Thanks alot for your reply, only one simple question from you, but it did what I'm quite certain you intended it to do!
Cheers, keep up the good work and happy trading to all!