You need to have a low before you can make a new high. You need to hit a new low in life before you can be the trader you want to be.
Note To Myself:
The first move and premise is always going to be the most correct and natural. Do not put yourself into a defensive position later in sequence because you cannot commit to the aggressive nature of a proper execution.
When you introduce a stop and a target/break even mechanism into a setup, the probability is that you lose or go break even in either direction most of the time unless you make a discretionary decision.
In trading, randomness almost always leads to losses and losses can lead to more randomness.
I check your charts every morning to see how your levels compare to my own. Some are the same, some are different. Please keep it up.
ReplyDeleteGood trading to you....
I have my FIB levels at:
ReplyDelete1041.94
1050.65
1064.76
1078.87
1087.59
1101.70
I BOT at 1060.50
SOLD at 1062.00
BOT at 1055
SOLD at 1055.50
SOLD at 1053.50
BOT at 1051.50
BOT at 1051.00
SOLD at 1053.00
BOT at 1056.50
SOLD at 1059.50
All pre market trades, so I dont think I will trade anymore after the open.
Today was a good day for me. But I need to keep it consistent.