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DAY 18 - Stop Focusing on Lost Opportunities

alifari Przesłąno 18 Lip  w #Trader's blog #Opportunities #Lost
It is the most common plague among amateur traders: "Focusing on the wrong things". Amateur traders are too busy focusing on things that are not beneficial to their trading.
As a trader, we have to sink this in your trading philosophy and trading psychology; If it doesn't help our trading in anyway, get rid of it. Do not waste the time and energy focusing on it.
For example taking a trade purely on fundamental news and getting whipsawed by market volatility. As a trader we have to understand t…
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Market Structure..... Missed Opportunites

alifari Przesłąno 3 Luty  w #Trader's blog #Trading #Market #Opportunities #Structure
Today we have seen high volatility on majority of forex pairs and frankly speaking, I wasn't expecting such volatility on first Monday of the month and was able to take only one trade, which ended with a loss of 0.58R. Although there were many opportunities to enter and make some pips, I was reluctant to get involved and not eager to trade. My today's action reminded me of something I read few days ago, which is so true.
Markets some days are very structured and its simple to find a point and ge…
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