paweldobkowski wrote:Hi NS : )
Sorry to see Your loss but remember that failure should be a feedback. I'm curious, what did You learn from this particular experience?
And one more if You don't mind me asking. Do You have one approach / style or You jump between tools?
Because You often post different charts and what I've found helpful is to stick with ONE thing (even if it's not working well) and going with it for an extended period of time. It's like math, You can't see the variables without having constant values. Also what we tend to do (people) while switching approaches is to focus mainly on them. Do we do it right? / wrong? etc. and when we find something good we EXPECT it to work. Which automatically imposes our view on the market instead of letting market dispaly it's nature to us. Even MO said WAAAAAAY BACK something like: "You need to let the market teach You how it works". Which I belive is basically that principle in action.
Hope that makes any sense : )
I'm effectively trading EXACTLY the same method. I just post a completely different chart each time, trying to see what's going on like most others on here lol. It's all momo retrace enter.
What did I learn, how about never trade when there's news but as there's news about every half hour that means never trade. period. The other feedback I get is lose lose lose lose lose lose lose lose, every trade pretty much loses. Im a streaky trader and every trade in the streak is lose. I can't remember the last time I gained more than the spread.