I bet you liked the catchy title!
Ok, so last week I lost a trade and immediately entered the most emotional trade so far in my forward testing. I went from losing almost 200 pips to winning 45 (going 2 pips from my target), and to finally getting stopped out for break even before rallying. It was emotional because I was exposed to my maximum risk, and losing would have erased the profits from the last three weeks.
HOWEVER, we now have a new opportunity; we may see a Cypher completion around 135.46 and I MUST take it.
I will leave the link of the trade I am referring to.
Ok, so last week I lost a trade and immediately entered the most emotional trade so far in my forward testing. I went from losing almost 200 pips to winning 45 (going 2 pips from my target), and to finally getting stopped out for break even before rallying. It was emotional because I was exposed to my maximum risk, and losing would have erased the profits from the last three weeks.
HOWEVER, we now have a new opportunity; we may see a Cypher completion around 135.46 and I MUST take it.
I will leave the link of the trade I am referring to.
Trade active
Currently testing the X leg. Targets adjustedTrade closed: target reached
1st target hit, stops rolled to break evenTrade closed: stop reached
Stopped out for break even on my second position
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.