That’s how most likely market get its Money back. My stoploss hit twice today. One was could have been a nice trade earlier but I was too close with the SL and the the 2nd Trade simply sellers outmatching buyers. It could get lower to a big swing demand.
The stoploss was too tight or too early. I guess I was confident of the buyer’s report being sitting at the price level I planned. Then after that loss , I re examine the chart again for any possible fresh demand. It was later pre European session that the area almost hit but missed by 1 pip. BUt I kept it on hold on the pending orders, in fact giving sellers the opportunities to fill up their order since I guess there is not much buyers left at the price level.
Simply yesterday trade was given back to those crying sellers today. With 2 consecutive loss, means its time to stop and wait for a better price to buy this so called up trend.
What did I learned ?
Being charitable to the sellers…. 🙂 no, not really I’m giving them happy time so they can make a mistake! No, really, simply there is nothing much but just a loss. We will get something out of tomorrow may be or tonite if there is any fresh strong demand.
What did I do best ?
I stop trading after 2 consecutive loss and be positive about it rather negative. sometimes a loss is a learning lesson for us. BE mindful about it rather complaining it. Learn and review it.
What should improve or change ?
Nothing really but just continue my own routine.
What’s next ?
PLAY MEDAL OF HONOR WARFIGHTER!! KILL some fuckers!!