DislikedIt doesn't make sense to criticize yourself.
You didn't know cable will go down. You supposed it based on some analysis. The market could have gone long another 200 pips before going short.
If you trust your analysis then you know that sometimes you win and sometimes you lose and the whole point is to make more on average when you win.
Therefore I don't see where the quote from Livermore fits in. Of course you'll miss the perfect entry most of the time, so what?Ignored
- | Joined Feb 2009 | Status: Price Stalker | 1,197 Posts
Economists have forecast 9 out of the last 5 recessions
- Joined Jun 2008 | Status: Member | 622 Posts
Life happens at the level of events. Trust only movement. - Adler
- | Joined Feb 2009 | Status: Price Stalker | 1,197 Posts
Economists have forecast 9 out of the last 5 recessions
- | Joined Feb 2009 | Status: Price Stalker | 1,197 Posts
Economists have forecast 9 out of the last 5 recessions
- | Joined Feb 2009 | Status: Price Stalker | 1,197 Posts
Economists have forecast 9 out of the last 5 recessions
- | Joined Feb 2009 | Status: Price Stalker | 1,197 Posts
Economists have forecast 9 out of the last 5 recessions
- | Joined Feb 2009 | Status: Price Stalker | 1,197 Posts
Economists have forecast 9 out of the last 5 recessions