Aidin_Jabarpoor

USDJPY | Supply and Demand zones | 15m short setup

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Trade:
Short @ 109.24
SL: 109.33
TP: 108.87

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Note: Stock trading requires a personalized trading strategy

*A method that specifies the type and amount of patience

*Entry and exit points

*Your customized psychology plan

*Risk management program based on your personality


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Trading Rules:

NEVER AVERAGE LOSSES BY, FOR EXAMPLE, BUYING MORE OF A STOCK THAT HAS FALLEN:


One of your position is showing a loss. What to do now? Maybe you should add to your position?

You still think the stock should go higher. And the buy price is currently lower than the stock you already own. That sounds like a bargain, right?

No! Keep your back straight and don’t get lured into that losers game.

The stock that is showing a loss is clearly saying to you that your entry point was wrong. There is no reason in the world why you would want to buy more of something you were wrong about.


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