I have the same problem. It's almost like I don't trust my system so I set my TP for 30 pips or so and the trend goes up about 100-150 pips when I'm sleeping. Sometimes I just B/E because it reverses. What's real interesting is that I didn't have this problem demo trading so it's definately all in the mind. I might just stop marrying my trades by getting too emotional and just leave them alone until I either Stop out or hit a 2-1 or better TP. Good Luck to you.
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Originally Posted by swordofrue
Hello everyone,
Wondering if someone could help me out with my trades. Over the past few days I have been making good trades during London session. However, every time I try to trade New York it doesn't work out for me. Usually London will move EUR in a direction and then there will be a pullback during New York and I try to ride that. However, every time I enter those trades I don't feel very confident in them and get out of them a few hours later at break even. I guess I am not confident in my trading plan. I think partially why my London trades work is because I analysis the charts put in a market order and then go to bed. Then I don't have to think about it and watch the position go in the negative and back to positive over and over. I do not know how to resolve these psychological issues. I don't want to have blind faith in my trading system, but it just is not working out for me during New York session.
If anyone could provide me some wisdom I would be greatly in debt to you,
Thanks,
--Nate
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