Alright, You guys probably had this feeling before when your trade runs up to +50 pips or more. Then you start seeing it slipping pip by pip... down to +30 pips or so... You mind tells you that it is retracing a little, it'll go up eventually, but you feel the itch on your index finger resting on the mouse, where the cursor hovers around the close button on MT4... I closed the trade unfortunately, for the 3 third time last week. Only to see the price hit my TP level. Of course, I've the trade gone bad and hit my SL at breakeven. I've had losses too, which unfortunately reinforce the urge to take my pips whenever I can.
Still, I'm trying to learn how to seperate my emotions from my rules. It's a rough ride, I'm making progress. Meditation's out for me.
There must be some way to ride it out, for good or for worse...
Still, I'm trying to learn how to seperate my emotions from my rules. It's a rough ride, I'm making progress. Meditation's out for me.
There must be some way to ride it out, for good or for worse...
If my answers frighten you then you should cease asking scary questions.