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Gj

GJBe careful of that euphoric feeling of being on the same side as the market. Don't over trade, lose RR, forget about your trading plan, after those wins close your laptop and sleep. I'm still here because this is what I am willing to let my life be. I'm seeing a possible break to the upside, and because here in South Africa it's about to be Midnight; spreads go crazy, people donate their profits back to the market. This is why I don't like having trades running over days but part of my trading plan is leaving trades until point of exit (TP or SL). So I'll just watch and let things happen.
Long
by Mhangwane1
2
GJGetting my forecast right 2 times in a row is such a big event. It has taken me time to get to a point where I don't care about what "mentors" are saying🤔🤔🤔😎😎😎. GJ, after back-testing, practice and over 10 blown accounts I have finally understood a part of it. Long term we going for a while but I want to ride the waves along the way. Thank You for those that read and follow their plans. If you just look at my forecast and place the same trade, without checking your rules, please tell us who your next of kin is so we stay ready to call.🤣🤣🤣📞📞📞
Long
by Mhangwane1
GJ😂😂😂😂 Lesson Learned 😂😂😂😂 Because I got too excited for the set up, the previous buy stop I set was 161.300 and not 161.030. So I just have to be more patient before adding any trades as it will mess with the trading plan. Plan your trades and trade your plan. Initial idea was to get in before the break, after neckline retest add more trades. This was to ensure that even if the market went against my forecast, then I would either walk away with minimal profit or BE, NOT A LOSS. Back test 1-2 until you know it's behavioral patterns without even drawing anything or even putting in indicators. 🤣🤣🤣🤣😂😂😂😂 I'm mad but it's a lesson I was clearly supposed to learn.🤣🤣🤣🤣🤣
Long
by Mhangwane1
3
GJ (Please Read My Entire Comment)Watch this explode next week. This consolidation if you have back tested GJ, then you should know what to look for (adjusting accordingly to your plan, not to what you saw on IG). Next week either market open or mid week we are going to have an explosion. Using my experience from back testing GJ, it will usually hit both sides (It triggers both sell stops and buy stops in order to fulfil the supply of the side it is going to), IF YOU HAVE NOT YET TRIED IT, USE THE FREE TRIAL OF TRADING VIEW. YOU WILL NOT REGRET IT
Long
by Mhangwane1