Jignesh's Blog

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Missing out on a trade - When it benefits

One of the items of trading psychology - missing out on a trade. It can really affect performance thinking about trades like this, especially when you get stuck dwelling on it.
I missed out on a GBPCAD trade last week. I was short the pair, and saw an area where I expected a reversal. I was looking to both close my position and I had already set a bid in at the same price on Friday. The price came within 4 pips of my target and ranged for a bit. I ended up getting stopped out on my short for bre…
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Learning from mistakes

I've been focusing more on studying the "chart" of my own trading behavior as of late, with a lot of focus on trading psychology.
The pattern that I have found, whenever I catch a really good trade, I tend to get a bit careless and over confident in my next trade. So I'm trying to be mindful of that and be more aware when those type of situations occur.
Yesterday I posted about a GBPYJPY short, the pair came down nicely today and is currently sitting in at +190 pips. I took the trade on my con…
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Elani avatar
Elani 14 May

I totaly agree with the quote and thanks for sharing your thoughts

Omela avatar
Omela 18 May

you are done!)

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