Most Difficult Trade

What's your most difficult trade of the day?

  • First setup of the day

    Votes: 9 7.8%
  • Setup following a losing trade

    Votes: 8 7.0%
  • Setup following two or more losing trades in a row

    Votes: 33 28.7%
  • Setup following one or more trades where you violated your rules

    Votes: 8 7.0%
  • Setup after you dug yourself out of the red & into the green

    Votes: 14 12.2%
  • Setup after you attained a minimum daily profit target

    Votes: 5 4.3%
  • Setup that would position you opposite your bias

    Votes: 19 16.5%
  • I trade all setups from the open to the close

    Votes: 19 16.5%

  • Total voters
    115
Quote from NoDoji:

What is the most difficult trade for you?

Basic assumptions:

You're a discretionary trader.

You have a setup or collection of setups you trade that present a profitable edge (if setup X presents, then profit Y follows more than 50% of the time).

I stopped having bias long ago, I can't test those. But I would have to say walking away is toughest thing to do as I now only trade ES first 30 minutes of the day session, so I suppose the last trade is the toughest trade for me. I have done so much backtesting though the years, I now only trade so many hours/minutes on various markets and walk away, no point in working like a zombie for 4-5 hours if the blunt of my profits come out of certain times. But it is rather cool to watch some markets ten minutes than sit there six hours.
 
Back
Top