You can't catch every good price move.
You can't catch everything. If you miss a good move, remind yourself:
Now focus. There is more opportunity coming and it needs your full attention.
Happy trading,
Lance Beggs
The following image was a recent post at YourTradingCoach Facebook. If you want to check the pattern out, it's 11th Dec 2013; GBPUSD; 3 min TTF; at 09:51 UTC. Today I'd like to discuss the statement within the yellow box, "Real opportunity is found at the edges of market structure, where the risk is smallest…
This is a tough way to start a session: Happy trading, Lance Beggs
7 Steps to Surviving a Trading Slump “How you think when you lose determines how long it will be until you win.” … Gilbert Keith Chesterton, 1874-1936 As if learning to trade wasn’t already hard enough… If you’ve been in this game more than a few months you would quite likely have experienced…
Previous articles (if you missed them): It's a Process It's a Process – 2 It's a Process – 3 – Longer Timeframes Happy Trading, Lance Beggs
Always consider taking the very first pullback after a structural change, such as change of trend, confirmed breakout or confirmed reversal from a support or resistance area. And a similar example from the same day…
I particularly like this trade. Not just because it wins. But because of the reasoning behind the trade. Immediately it was closed I thought it had to be the basis for a YTC article, simply to demonstrate the entry pattern. But on further thought, it actually displays many of the concepts we have discussed here…
Yes, absolutely agree… “You can’t catch everything. If you miss a good move, remind yourself: It wasn’t mine to take. If it was, I would have caught it.” Words of wisdom, should be posted on the wall, as a reminder!
Great site for the Day-traders, hats off.
Thanks Dave. Much appreciated.
Really like the phrase – “It wasn’t mine to take. If it was, I would have caught it.”
It’s a simple change in perspective. But so incredibly powerful in its ability to calm the mind and ease the frustration.