How to be okay with taking a Stop Loss?

Discussion in 'Psychology' started by Valencia333Raul333, Aug 19, 2021.

  1. What is the case, here is about listening to music, I don't think about stop-loss anymore but I am always put it in my trades when working on the general trading strategy, stop loss and target profit is a simple trading setup while listening fingerstyle by Alip_ba_ta.
     
    #91     Nov 3, 2021
  2. twstn

    twstn

    Do you mind sharing your "general trading strategy"? Sorry but I don't see how stop loss and target profit could be just "simple". Thanks!
    Here is a song while you type your reply. :thumbsup:

     
    #92     Nov 3, 2021
  3. deaddog

    deaddog

    Take a look at your short recommendations. Profit targets are 50% higher than the entry and stops are 20% lower. How much simpler can you get?
     
    #93     Nov 4, 2021
    twstn likes this.
  4. twstn

    twstn

    Haha! I agree with what you are saying. What I meant was more on the overall strategy and how it is not that simple to pick the points. But I now see what you meant by "simple". It can't get any simpler than that!
     
    #94     Nov 4, 2021
  5. It's a very simple thing, I going to open my mt4 FXOpen trading platform, then look at the point where reversal pattern occurs based on support and resistance zone, it's a simple thing, but human is not simple indeed. let we play "it's my life"

     
    #95     Nov 4, 2021
    twstn likes this.
  6. SunTrader

    SunTrader

    Geez, see what you started Overnight. youtubepalooza.
     
    #96     Nov 4, 2021
  7. deaddog

    deaddog

    Never could figure that out. If I wanted to watch YouTube videos you would think I'd just click over to YouTube.
     
    #97     Nov 4, 2021
    SunTrader likes this.
  8. Overnight

    Overnight

    I am sure it was going on long before I joined the forum. I just made it chic. :)
     
    #98     Nov 4, 2021
  9. Overnight

    Overnight

    It is an extra later of communication. An added dimension of depth, if you will. At least for me.
     
    #99     Nov 4, 2021
    twstn likes this.
  10. deaddog

    deaddog

    LOL I'm sure it is.
     
    #100     Nov 4, 2021