i want to reduce the number of transactions especially in the beginning of the day.....i have found i do many transactions all of which lose a little......markets typically get liquid about 5 hours after i start my day, with the European markets opening , and a hour later, the London open..... that is when i make all my losses earlier in the day.....this has been a pattern
i have seen most of my mistakes come when i believe markets must move in a direction and not keep a open mind and watch for any price action that hints otherwise. this is the most difficult part of trading...entering is easier......realising i must get out now is more difficult