Obviously there was a long signal over there.
It is just that I ignored long signals in MES on Friday. To me the risk reward was not in my favour. Time, range and most importantly context are all very important to me.
It says that depends on order size.
May be for retail - fading liquidity us not much of an issue in a liquid instrument.
Institutions who don’t have their own algo and send a big order will have this issue.
I believe you are hesitant to click the open position button (buy or sell) as you are not comfortable in taking a small loss when market has proven you wrong.
Once you get comfortable with taking small losses, you will see the difference it makes to your trading. You will buy or sell at the...
This is a good advice @Leob
Leverage what you have that others don’t. Start with small automation...build on top of it..
This is an edge you have got...use it!