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Bearvsbull

The trade it and leave it rule... why did I not follow it?I was alerted of this trade via my friend's analysis which I also deemed fit to enter at my own risk. At 2017.07.26, Dax retested the broken support (which was also the 8 EMA at that time) which resulted to a formation of a bearish pin bar. At the split second that I've adjusted the TP because of 'potential greed,' I have not kept in mind the possibility of such movement when the gap was filled. At the time the gap was filled, Dax, without hesitation, reversed to the upside probably for some breather. Sadly, it hit my SL which were adjusted to my entry levels.
OANDA:DE30EUREducation
by bearvsbullmarket
Importance of trading behaviorFor those who do not know, I've already published a similar trading education type regarding on not closing trades manually as seen on the links to related ideas. As a trader, one should know (and be aware) and practice a trading behavior as this may be one of the factors that may blowout your account. I have been trading over a year and I've been through a naughty trading behavior wherein I usually close trades manually because it is an inch close to the Stop Loss placement; after that, I'd be implying a trading revenge which usually points out to more loss. A trading mindset behavior should be present and well-established. This is one of the backbones of a perfect trading system.
Education
by bearvsbullmarket