What did you learn from this?

TP or SL. If you are afraid of SL, you risked too much

Spot on

He is trading with volume 1. Entered fron the POC which is the strongest point with volume..but then it is that most magnetic point at well..meaning until displacement, price will likely always love towards it...so he was first supposed to allow price to beat out VAL before BE

You sabi

Nothing, he followed his model.

Hmmm

He BE to early

@Daniel48212906 👊🏽

Bro is trading trendlines combined with volume profile. Crazy

Well there’s nothing wrong with that though

I mean sure, you do yours, but quite unorthodox

take profit, re-enter if set up looks good again

Break even is gay

@VIC70Rfx I disagree

Believe in your setup, don’t place a SL ur afraid to lose, but atleast he lives to trade another day

Set take profit at yellow. If rejects red enter at yellow again.

No one is talking about how the BE would have saved him from a draw down if things had gone south… now he gets to try again another day… Capital protected … still in the game!

Something that happens to me every single day

Fix it

Join my free telegram:

You replied to your own post 4 times. That's mental illness. Muted.

Dejen de usar BE! A no ser que vaya más del 60% de su operación o hasta más

Firstly wait for market to break the trend line with full body not wick, after that wait for reversel then place your sell above the bearish enqulfing, that all

Never trailing your stoploss depending on one candle

This happened to me last week , the logic behind the trade is 100% but he wasn’t able to capitalize on his fears and greed .. he was fearful instead using the advantage of the fear he used the disadvantage, if he had faith in his system he would have add another position not BE.

Accept the risk, move SL only after 50% drop from entry

Trailing stop means he is scared he is wrong which is why he shouldn’t have took that trade

The reason I don’t sit around monitoring my trades… you’re a human, you’ll most likely give in.

There was just to much unnecessary emotions… that will affect him more thank the stop out

Don’t use Breakeven.. that’s what took him out of the trade

He used it too early

He had FOMO!

I don’t think that’s FOMO

Why ?

Chasing outcomes ❌ Chasing the process ✅

BE too early

A lot of traders would probably say the mistake is early BE! But in reality: You paid for the information, then not using it. As long as the setup is still valid, re-entering is always an option!

You didn’t trust the process, and his brain couldn’t accept the uncertainty. The moment he saw price moves against his profit. His chest tightened.( he was attached to the outcome) And for the setup you didn’t wait for a MSS, but entered immediately. He was trading to be right

Fuck up. His poc was clearing showing him it’s a sell, he should have applied the “set and forget” principle

Crypto is an extraction industry

He stayed disciplined.. its a good think . It was just not his day

That stop loss makes no sense…where is the protected high

Supply and demand.

he didn’t wait for first LH

I've been stopped out way too many times while moving to B/E so I no longer do it unless it's a one off event. I consider that money gone out of my account once I place the trade. Going B/E means you don't accept the risk and trading is all about accepting risk.

He's emotional all through