When making my trades I'm prone to cheering a candlestick as it goes up or down, depending on whether or not I'm buying or selling, as well as yelling at it and calling it a c***. When I look at a chart in my mind I know that I'm going to making very, very short trades. I won't hold onto one for more than 15 minutes before closing it out. So far I've lost 5% of my initial investment. I look back at this now as a huge learning opportunity. Tonight, I've put a trade in and I'm watching it fluctuate as I write this, however, for the first time I have significantly less doubt about whats going to happen all because of my perspective change. Previously I would look at the charts, see the pattern, and make my buy/sell order...which I don't think there is anything wrong with. However, the time frame would be DAYS. I would make trades that last no longer than 15 minutes, but I would be looking at patterns that are, in my opinion, outdated. Now, I've changed the time down to minutes, and even seconds. I think this has given me a far better perspective and a more accurate analysis for my trades.
TL;DR: I was looking for patterns in terms of days for trades that should have the perspective of minutes, even seconds.
TL;DR: I was looking for patterns in terms of days for trades that should have the perspective of minutes, even seconds.