Why trading is sometimes difficult for me

second entries are safer so your risk is slightly and reward may be less also....but you can take bigger positions

 

here you could have waited for confirmation from the market: you could have entered on the close of the 4 bar [the big up bar] after the bar you actually did enter on. Learn the lesson: always say..."aprez vous",as the french say or "pehle aap" as we say here in India: it means 'after you'
let the big boys enter and then you follow.

see in this trade i entered at the yellow arrow short...it is also a support level so do not be in hurry to enter...of course i may be wrong this is live right now

 

Speaking for myself only, I teach my clients how to use the modeled Trading range and volatility for a particular instrument (Spread combination) in order to set both profit targets and stop-loss levels at the time of trade entry. It’s a very systematic approach. There is no “standard” stop-loss for me - each trading instrument models differently.

 

thankfully so.....i have 30 years experience in position trading but 10 years back shifted to day trading because i found position trading too capital intensive,had nothing to do for months at the time [ i remember i was playing a video game fr 3 months when i had a position in stock futures;i eventually closed for 300% position, ] but in looking at all the material on the internet..found it dubious to say the least

 

It's because of two traders having different/opposite mindsets, thinking they are doing right thing.

 

The market is taken where it is taken by institutional traders/investors not pip squeak retail traders.

 

Just MHO: When you are so good at picking entries, you should automate your system, just like handle123, so your emotion/psychology won't get in the way.