The price of the asset is on the mark where I am expecting it to go down, so I jump right in and short the asset and lose a bit of my previous win.
Early entry is FOMO and when you are lucky you can have a bigger win but you have a bigger chance of getting the wrong direction too and it often happens to me. I don't know why I still keep on doing it. It is a gambling trade. It was not a planned trade. Doing unplanned trade more often losses because you did not see the support, resistance, and confluences that are necessary for winning the trade.
.png)
0 Comments