Hesitating to jump in when a great setup stands out:
Knowing that no trades have 100% of probability to work out in your favor, you’ve got to consistently trust the best setup when they occur. Hesitating too much not only will result into not taking a potential winning trade but also is a pre-requirement to another bad practice any trader want to avoid which is chasing a trade. If you’ve missed the best entry (you can rest assure that it will continue to happen from time to time), do not get caught by the fear of missing out. Instead, just wait for the next promising setup before jumping in.
this is a statement from a book some of it is true >>>> the part saying no trade have 100% of probability to work out is wrong
Knowing that no trades have 100% of probability to work out in your favor, you’ve got to consistently trust the best setup when they occur. Hesitating too much not only will result into not taking a potential winning trade but also is a pre-requirement to another bad practice any trader want to avoid which is chasing a trade. If you’ve missed the best entry (you can rest assure that it will continue to happen from time to time), do not get caught by the fear of missing out. Instead, just wait for the next promising setup before jumping in.
this is a statement from a book some of it is true >>>> the part saying no trade have 100% of probability to work out is wrong
FOREX IS MANY PAIRS GOLD IS JUST ONE WHY LIMIT YOURSELF
9