Before i talk about feeling like a complete idiot in trading, Let’s talk about a scenario,
You enter a trader.
Set your stop loss.
Followed your trading plan.
And you got stopped out. The next thing you know…
The market went back in your intended direction. BAM! – keyboard starts flying –
Okay maybe your keyboard didn’t fly, but your cat did (just kidding).
Now back to feeling like a complete idiot in trading
It’s not your fault, and I’ll explain why in this week’s market analysis.
On top of it… I’m going to share with you 3 BIG lessons that will put your trading on steroids.
So, go watch this week’s market analysis below:
Have you Ever Felt Like a Complete IDIOT in Trading?
I hope you’ve enjoyed this week’s market analysis.
If you’ve got any questions, don’t hesitate to let me know in the comments section below. Cheers!
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nice analysis
Thank you, Uzo.
Thank you Rayner.
We always have to put attention to those three things.
BTW, Last week I got stopped out on one of my trades, and I wish, if you please could make a post about, if there some principles that allow to cut trades right away, even it’s not according to the trading plan, or we have to stuck with them till the end.
Have a good trading!
Shlomi
Hi Shlomi,
For most of my trades I will let it hit my stops.
I don’t have a habit of manually exiting my trades since my exits have already been planned ahead of time.
Rayner
Thank you for your advice 🙂
You’re welcome, Shlomi.
“You enter a trader” i think you meant trade. good video! 🙂
Hey Zy,
Yes I made an error there.
I’ve to edit the entire video if I were to fix it, gulps.
Rayner
Mr.Rayner
Very useful video.
Thanks
You’re welcome, Thooshiva.
very good sharing and insightful video,it voice out the same situation we had been face !
recondition the self mentality and maintain peace of mind to prepare the next trade…
cheer!
Hi Tet Soon,
Well said!
Rayner
Hi Rayner,
Can i ask why dont you think that (on duration 7:20 of the video) the breakdown of resistance for GBP/USD at around 1.407 isnt a location which we can explore to short?
Please share your views.
Hi Sylves,
I’m not keen in trading the break down as price has traveled quite a distance already.
I would very much prefer a consolidation before taking the breakout.
Rayner
Hi Rayner,
Your videos has been very educational for a novice trader like myself. I am still trying to find a suitable strategy/strategies where trend seems to yield better results during the demo days.
Your videos are assisting me on the steps needed to be taken in order to be a successful trader. Please keep up with these educational videos.
Cheers!
Hello Sacheen,
Thank you for reaching out. I’m glad to hear its helping you.
Don’t hesitate to let me know if you’ve got any questions, I’ll be glad to help.
Rayner
First time watching your video and it is so useful. Thank you sir !
Hi Rikkie,
Thank you for reaching out, and I’m glad you found it useful.
I hope to hear more from you in the near future!
Rayner