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How many of you have experienced or still experience the desire for the market to move in your favour once you have entered a trade?
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How do you feel when the trade goes against you?
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- I’ve given up hoping that the market will move in my favour, cos I’ve learned it rarely moves where I would like it to go, so I just tend to follow the market now, although I always make an initial prediction on direction when I place my entry trade.
- I care less and less when the trade goes against me cos I have so much experience with losing that I know what to do now to eventually get to profit - however, the question now is whether I’ll reach profit quickly or slowly, so I sometimes get a bit fed up if it takes a month or two to get the profit that I was aiming to achieve within a day or two!
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Your stops are so wide good for you if your comfortable trading that way
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