Trading Psychology 101: ConfidenceMany new traders do not have trust in their strategy. This could be due to a number of reasons, lets delve deeper.
Losses
Daily Wisdom 59 - Streaks, can you survive them?It only takes a few consecutive trades to wipe you out. Ensure that never happens.
Daily Wisdom 52 - IDK and IDCPeople's opinions seldom lead to profitability. Or sanity for that matter.
USDJPY H4 - Short SetupUSDJPY H4 - Arguable HS here, support has marginally be broken, but we are seeing rejections just below that price, fairly slow/tame markets at the moment, but I'm sure this will spice up as we move into the NA session with the labour data at 13:30.
Daily Wisdom 33 - Who are you and where are you going?Don't get caught up in the bells and whistles only to lose your way.
Daily Wisdom 32 - What a loser.It's not that you don't know how to profit. You simply don't know how to lose.
