misread the situation....but lucky to get out small profit very small... but was not worried knew the BO would fail
have finally succeeded in what I set out to do.... 12 years ago I did not want a complicated way to do things.....i wanted a very simple method that you could explain in 5 min to a grandmother or 10 year old also since the market ranged in between the big moves for long periods of time I wanted to be able to scalp during those times: did not want to watch the market for long periods of time. in other words, I just did not want to make money, I wanted to be a complete trader and finally be known as the best trader who has ever traded.
a stop on ATR makes the most sense and I have experience in using it. vague and senseless movements of the market do not take you out. but I used to use the widest range bar in the swing …..that is the best
traded the whole day yesterday and did not blow my account. and yet no one notices no one even says well done. at least when I blow my account I get a lot of attention with friends dropping by.
You lost money on an easy trend day in in Eur/USD. The market beat you. You don't get a good job. Try trading less, and holding for longer through the swings.