Ingot54 wrote:
1) Do you think the Institutions/brokers/market makers are going to stand by and allow these pesky little fleas (us) to ride along with their trades, without spiking prices both up-and-down to trigger both entries and stops?
That is why I trade small lots and large SL so they cant. They have no choice, they cant knock me out anymore, spike me, or any of their other garbage. I only want to be taken out if I am clearly wrong with fundamental direction.
2) Where will you be if somehow it goes pear-shaped, and your account gets used to clean the blackboard this week?
I move on. Whether I win or lose, I move on. I having days, occasional losing weeks sometimes on rare occasions a losing month but consistency over the long term is the direction I want to go.
And, if I may, can I add a third question ...
3) Will you be any wealthier in 3 months time if you:
a) catch the wave
b) miss the wave, but continue to plug away with your pendings and your 1%'s and 2%'s just like you are doing already?
Whether you catch todays move or not or its continual future move, ＬＩＶＥ ＴＯ ＴＲＡＤＥ ＡＮＯＴＨＥＲ ＤＡＹ Tomorrow will give new opportunities, the fundamental move will have played its hand and by Friday or Monday your indicators will speak long and loud
Food for thought, and honest answers will have you sleeping tonight and sleeping better tonight.
Keep the dream alive ... hold fast to the plan ... stay within your rules ... trade to trade another day.
Normal transmission will resume in a moment ...
