Maybe the pattern is correct some of the time. If you trade enough times it will all come out OK, statistically, i.e., as long as you are profitable, you shouldn't worry too much. In my option trades, I am correct only about 30% of the time. Reminds me of my experience at the grocery checkout lines, I always picked the slower line.
That actually happens to me all the time. Even shortest line there is always something stupid happening
Simply buy a converter / inverter. When you press BUY, Your order will automatically be converted into SELL. Soon you will be very rich.
We're only half joking. The point where, if I bought the top of a range and it retraced to where I was getting ready to throw the monitor across the room - just after that point is usually the best time to buy. This pattern continues to repeat for me, over and over. So if you know your buttons are reversed, it won't work. You are your own contrary indicator. We're only half joking about this (well I'm on the fence about that other guy with the sports car avatar - he reminds me of an upgraded version of Macbookproho, another encouraging chat bot who constantly told people to up their leverage, since they could be rich if they clicked their mouse a little differently).
This is amazing because this happens to me as well. There has to be someone in the faster line. They must be the better traders.
Funny comment but obviously this could not work in real life because you begin to outthink yourself knowing whatever button you press will be reversed. It did cross my mind wondering if the bucket shops out there like Oanda might actually do this for their own accounts. They can quickly identify the losing traders which is most of their customer base so if they simultaneously enter the opposite order in their own account they would make a lot of money. Probably would not work because you can't place an order for 17 usd/jpy in the real market.
Because your enemy will release the choke hold after you tap out. You lost the fight, so they let you go. Is it not obvious by now that your losses are someone elses wins? Is it too much of a leap of imagination to suspect they know when you got in, with how much, and how many other small traders there were in the school of fish? Is it too impossible to predict where weak traderz will throw in the towel with enough of a loss? Trading is financial combat. Your stops are someone elses target, and your risk management is someone elses edge!