prochargedmopar wrote:EVEN WORSE,
The fear of price reversing and me entering at the END of a run in the WRONG direction.
That is worse than Death.
What happened to the laughter PRO?
You should remember that a 50 pip move against you is only 5 macro pips.
When you place a trade on a small chart and price moves 5 pips against you do you panic? Of course not.
What do you do? Think about it & do the same thing on the daily.
Think of the daily chart as a small chart caught in a warp-bubble within which time and price move much slower.
If there is any fear then it is probably due to your trade size being too large.
Without the benefit of a small chart there is a need to scale out of trades.