Forex Trading System – Damn i just missed this trade!
Posts: 35
Member since: 16/03/2011
Forex Trading System – Damn i just missed this trade!
FOREX TRADING SYSTEM
It was just yesterday when i was watching this trade and intended to enter it long.
I was just waiting for the bar to close in around 5 mins time.
However, nature calls! Damn i had this terrible tummyache that needed immediate release. lol.
so off i went. (you do not want to hear the story in the toilet)
When i was back around 10 mins later.
Bang! The trade i wanted to enter shot right up.
It would have been a great profit.
Forex Trading System – Damn i just missed this trade!
Have you had similar experience happen to you before?
Where you wanted to enter a trade and for certain reasons you didn’t. And then it shot right to your direction you wanted.
Yes?
Yes! This happens and will still continue to happen.
However, it is really such a normal thing that comes once in a while that you should not take this “Missed Profits” to heart.
I know some traders really take this badly and they will like “ooohh. it ruin my day, that would have been this much profit” And they will start swearing..
Please don’t do that.
Forex Trading System – Damn i just missed this trade!
This is part and parcel of forex trading.
You win some, you lose some and you miss some.
Take it with a pinch of salt.
Because you know that if you can spot that trade, you will spot others too.
This stuffs still happens to me and i’m immune to it.
You should never take any wins too happily, any losses too seriously and any misses too hardly.
When you are trading forex.
You are like someone who have put on a bulletproof vest.
Impenetrable! (in terms of emotions)
Ezekiel Chew
A complete professional forex trading system that even newbies can apply instantly. Asia Forex Mentor's forex course is now FREE!
Posts: 939
Member since: 21/04/2011
. It happened a lot with me too.
I think traders cannot avoid that "oohhh".. coz this is a sudden reaction.
Stick to your rules
Posts: 734
Member since: 22/04/2011
Originally posted by uniquetrader" />. It happened a lot with me too.
I think traders cannot avoid that "oohhh".. coz this is a sudden reaction.
Whenever this thing happens, my reaction is. It affects all trades in that day.
I think we need to change our way.
The good or ill of a man lies within his own will. – Epictetus
Posts: 75
Member since: 07/04/2012
the next time you need to bring your computer with you to Toilet
You see! if you was a robot you will not miss this opportunity
Posts: 939
Member since: 21/04/2011
Originally posted by FXlord" /> the next time you need to bring your computer with you to Toilet " />
You see! if you was a robot you will not miss this opportunity
" />
ha ha ha ha. Well said.
Stick to your rules
Posts: 734
Member since: 22/04/2011
Originally posted by FXlord" /> the next time you need to bring your computer with you to Toilet " />
You see! if you was a robot you will not miss this opportunity
" />
The only solution to avoid "DAMN, I just missed this trade" is to make an EA.
But your idea of taking computer to toilet is really innovative.
The good or ill of a man lies within his own will. – Epictetus
Posts: 561
Member since: 21/04/2011
Originally posted by ironical
Originally posted by FXlord
" /> the next time you need to bring your computer with you to Toilet " />
You see! if you was a robot you will not miss this opportunity
" />
The only solution to avoid "DAMN, I just missed this trade" is to make an EA.
But your idea of taking computer to toilet is really innovative" />.
hmm yea but it will take years to make a successfull strategy and then an EA based on that strategy. After this much experience you will be able to control ur emotons and this "damn miss" thing
Posts: 685
Member since: 06/06/2011
hmm yea but it will take years to make a successfull strategy and then an EA based on that strategy. After this much experience you will be able to control ur emotons and this "damn miss" thing
Of course it will take years. You cannot make a successfull strategy in few days. To be a Pro trader means u know more than most of the traders.
Posts: 939
Member since: 21/04/2011
Originally posted by ironical
Originally posted by FXlord
" /> the next time you need to bring your computer with you to Toilet " />
You see! if you was a robot you will not miss this opportunity
" />
The only solution to avoid "DAMN, I just missed this trade" is to make an EA.
But your idea of taking computer to toilet is really innovative" />.
Yes EAs + a good VPS service can be a good solution to trade 24 hours a day. but it is necessary that ur EA can work in all conditions or you can make heavy losses.
Stick to your rules
Posts: 561
Member since: 21/04/2011
Yes EAs + a good VPS service can be a good solution to trade 24 hours a day. but it is necessary that ur EA can work in all conditions or you can make heavy losses.
EAs made by traders themselves maybe able to perform 24hrs a day. But EAs available in market cannot perform in all conditions (I doubt that they can even perform consistently). Usually EAs r divided by trending and ranging market. Then they r further classified depending on trading style used in them. So if an EA is able to perform in both trending and ranging market then it is possible to set and forget it.
Posts: 194
Member since: 26/04/2012
Yeah brother its just really happen with me too and some time we missed the trade and feel frustrating and its better to keep some more confidence so that we can be in good profit .