If this trade is a loss , set up failed , need to accept losing = NO REVENGE TRADES ADDING TO LOSING POSITIONS etc Where is Raven of the monkeys for entertainment?
closed at 84 + 40 1/2 62 ticks average ONLY 1 TRADE A DAY GOODBYE I am not fake only learning new tricks of the trade
Nevertheless, people want to treat the world as if they could predict and understand everything. As a result, they tend to seek patterns where none exist and to invent the existence of unjustified, causal relationships. Traders don't want to trade probabilities. Yet trading is a probability and money management game. At the most basic level, people must trade by processing information. Unfortunately, we're not very efficient information processors. We have a lot of biases that enter into trading decisions. https://www.google.co.uk/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=the+need+to+be+right
I have pro real -time , see in thread , I use tick charts I have loads of custom indicators , better than all other charting packages on mt4.
for a re-entry , need a tick chart channel 3.1 Slope and channel lines on tick (200 tick charts )or 5 minutes charts - Compulsory filter · There has to be an up slope or channel lines on tick chartsor 5 min chartsfor longs. · There has to be a down slope or channel lines on tick chartsor 5 min chartsfor shorts. · A channel must be in place on 5 minute charts or 200 tick charts in last 60 minutes. Up channels are required for longs. Down channels are required for shorts.