I have a very low accuracy rate. When i do my review work, I find I always put my trade on some high risk area, where my trading turns into purely gambling. there is today's real time thought and trade. PS: I have switched the 13 tick anchor chart to 2000 volume chart. They look similar except the volume chart shows momentum Thoughts:
trade: This one used to be my favorite set up, but it failed. Stop trading today, and try to write down any place where i would put a trade and why i make it. PS: funny point, most of my losing trade, where if i entered the opposite position, i can take good profit. It happened a lot.. What is going wrong with me?
heading to 34, the market has been gone very strongly when breaking 47. and until now, there is no effective retrace. The short set up would be area 47 around. However, the market seems tired to heading down.
keep tracking Edit: sorry, the text is not showed completely in the chart,the following words in the chart are: no long until 47.5 turns to support
The trading hour ends to me. I had recorded my thoughts honestly when the market moved. I believe how one sees the market making whom he will be. I am a consistent loser, there must be something wrong with my thinking routine. Wish to get help from others. I make mistakes in the following situation: 1) trading on the range and betting on the direction. There might be nothing wrong with it. The ranges works as the retracement , or reverse. Most of time, they take places around pivot points. However,I always bet on the wrong side. 2)trading on the fake breakout. Usually happens after a fast move breaking some important level. There must be some other problems. I am so sick of losing and will do anything to change it !