Forums ProRealTime English forum General trading discussions Manual trade – reverse psychology. Reply To: Manual trade – reverse psychology.

#74000

I could never sleep with such a scenario!

Depends on your time frame. I like longer time frames so larger swings in price than a 5 minute time frame.  I don’t trade short time frames any more because the noise gives me heart failure and keeps making me think I am wrong to be in a trade.

Once you realise on longer time frames that is just how the market might move over a week or a few days and you are 75% certain that you got in at a good price then you can sleep just fine.

The thousands – might be a slight exaggeration – but if I’ve been told once, I’ve been told a thousand times not to exaggerate!