Following the plan
Trade active:
I must say that I had a little battle with my emotions this morning. I was in the Live Room with my mentor Akil Stokes, and he didn't agree with this pattern. His eyes just didn't pick it up. So, in one hand I had my mentor not seeing what I was seeing and in the other hand I had that BIG red candle. I thought for a moment and I got to the following conclusion:
My plan tells me to take this. So, if it losses then it is ok, it would be one of those inevitable losers. However, if I don't take it and it ends up winning, I would have taken a considerable amount of pips out of my expected return according to my backtesting results, and I would be incredibly upset and frustrated.
Therefore, I took it. Let's see if it wins..
My plan tells me to take this. So, if it losses then it is ok, it would be one of those inevitable losers. However, if I don't take it and it ends up winning, I would have taken a considerable amount of pips out of my expected return according to my backtesting results, and I would be incredibly upset and frustrated.
Therefore, I took it. Let's see if it wins..
Trade closed: stop reached:
Now long again in the Cypher
