It's been a while What's good traders, am back with yet another great trade insight but not just that also some trading lessons. Hopefully they are of value to you guys and to those who are currently following, stay tuned. Now I am still to have a trade after the last 1 that was taken a few weeks back. The sell setup I see could end up triggering my sell limit...
Ever missed a bus? Yes? Then you know exactly how I feel about this trade, the sudden realization of having your boss on your case as soon as you arrive at work. Except in this case the boss would be your thoughts, constantly reminding you that if only I was trading all the time, I would be in profits right now. Which is true, but to a very small degree close...
GBPUSD Quick update❗ I have to change my bias, Uptrend to downtrend We may have taken a loss on this pair but that doesn't mean we have to stop trading it. Price just made a new lower low (LL) , which to me and how I trade, it means price is now in a downtrend. Now I have confirmed with the daily and I start becoming the seller of GBPUSD. 🧘 @mellow_
"You win some lose some" the saying goes... Just took a loss on GBPUSD, well that's a bummer, but understanding that losses are part and parcel of the trading business. No matter how good of a trader I am, I will win some and lose some. Well, I am okay taking a few L' s. @🧘mellow_
Waking up to drawdown This situation is not ideal, but because I trust the strategy and my analysis. I will sit on my hands and just hold the trade. What if I loose the trade? I am okay with that, understanding that losses are part of the business and looking at the bigger picture. That is to say even if I loose trades, I will still be profitable. So keep...
Second TP HIT, another day another bag 🧘💰definitely done for the day Today was a trading good day, but never let today's profit cloud your judgement and as a result your actions. It's good to win, yet the best of lessons come from losses. Better those that lost today, for tomorrow will be their day. Wish you all have peaceful trading, see you all tomorrow. 🧘@mellow_
First TP hit on Pound Dollar, move SL to B.E. Continue holding and see if we hit TP2 at 27 Fib level. Hope you guys have a beautiful, profitable day. @SHEPARD_GATES