Problem accepting opportunity available -PLS HELP

Quote from NasiWarrior:

When the market is set-up for a decent reversal, I can't trade it, and it's killing me.

Sometimes it's better to fade,.. and other times compete on price breaking-out,.. and most of the time I can see what's going-on and where the traps lie.



I think to myself "what do these sellers know that I don't, down here, offering at this cheap price?" So I lose my willinness to be a buyer.


Then again - I spend all day *watching* but not making trades - so I'm still wasting my time.

Has anyone here been in this hole?

How do you get out ?
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Well good questions N War.

[1] What do these seller know that i dont,,you say;
Well some of them study trends.5 minute candles are noise, i said trends, not noise.Even Don Bright trading doesnt like 5 minute candle charts!!!!!

[2] Most trade 2 big[position size; which is a KILLER WHALE TRAINWRECK%%%%%%%%%%%%%%%%%%%%%%%

[3]Weekly charts monthly candlecharts can be some clues;
for profitable trends.

[4] I SEEEEEEEEEEEEEEEEEEEEE part of yopu personality is like mine[THINKER]This stuff is NOt rocket science. YES i know that book,LOL.Dont over think it; HAND record data, as much as you can or even all of it.

Rich Dennis [ Big TIME turtle]said [to Jack Schwager]what do you do when you [a turtle] find out Rich Dennis is selling?????????????????????????????? The correct answer IS YOU DO NOT SELL;; you do what your research says.Thats the right answer%%%%%%%%%%%%%%%%%%%%%%%

Wisdom is profitable to direcct.:cool:
 
Sometimes i have been in this trap and missed most of the potential trades, but now i have fixed to myself that i would be trading at the predetermined level and set the sl at correct level and ready to accept the either.
 
Quote from Swan Noir:

Trade smaller ... much smaller. Get in the habit of pulling the trigger for some money and stop telling yourself you know where to trade.

Trade.
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I definitely agree with this. If you're successful in calling tops and bottoms, then it is a money management issue when afraid to pull the trigger.

Consistently pull the trigger with a smaller amount and see if that helps ease the transition. After a few losers/winners you'll see that one trade won't make a difference in the overall scheme if risk is managed in a smart way.
 
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