@StoicTA This is great advice.....just define and enter into trade with worst possible outcome completely agreed.....
Else it's mental botheration and flipping of time frame to look for validation or invaldiatiin for next candle that no one knows how it would behave...
Hedge funds are the biggest fraud of all time.
Imagine someone taking your money, investing wherever they like for a fee and take a % if there is a winner. If there is a loss, it's yours, the handling fee is paid regardless.
Looking for long trade in ny session ....market is very choppy in ny session, asian session seem to have taken all the move today, anyway managed to book 1R trade as I was trailing the sl very tight.
Overall 3R profit for today. Good day for Monday, see you all tomorrow
Information overload is one of most evil thing happening to traders, so even when the system is working, there is a highlight from other trader, that seem better and never ending loop of chase begins.
Turning off the social media and just trusting my own model is the best thing.
@Crowded_Mkt_Rpt@WhaleFUD Hahahaha....everything is bearish...because warren buffett stacked cash..
Now everyone is somehow trying to justify that act....however, since that time, market is just going high and higher.