I entered a long trade on Crude last Friday. The trade was an A+ setup. All my boxes were checked.
Held it over the weekend. The market opened this week and price kept dancing around a particular resistance zone.
I became a bit impatient and I justified myself with the resistance level.
So, I closed!
A few hours later, the price rallied and my profit would have doubled. But then, what if... Just what if price had gone south, I'd have closed at a loss, or at best, at break even.
Take home: Always stick to your trading rules. Everytime!
Clement Oyinlola
Trading is the hardest easy way to make money!
1 year ago (edited) | [YT] | 0
View 0 replies
Clement Oyinlola
Short story.
I entered a long trade on Crude last Friday.
The trade was an A+ setup. All my boxes were checked.
Held it over the weekend.
The market opened this week and price kept dancing around a particular resistance zone.
I became a bit impatient and I justified myself with the resistance level.
So, I closed!
A few hours later, the price rallied and my profit would have doubled.
But then, what if... Just what if price had gone south, I'd have closed at a loss, or at best, at break even.
Take home:
Always stick to your trading rules. Everytime!
#TradersTherapy
1 year ago | [YT] | 1
View 0 replies