How can we to abandon the loosing strategies?

Question

Hami · Accepted Answer

It might the be the right strategy but it could be wrong timing.You must have higher time frame confluence. It means that the higher time frames are in the direction that you want your trade to go.Always check the higher time frames. If the 5 and 15-MIN already made a big move, then ask yourself what are the odds it will continue? Chart patterns ALWAYS pull back after a big move.Sometimes the pullback is temporary but sometimes it is the start of a reversal and a new bear trend.There is a lot that you have to look at before you can take a trade and you must consider all of them before you take the trade.If your trade fails, study the higher time frames and teach yourself how to recognize an over-extension.Lots of videos on YouTube on learning price action. You just need to recognize when a trade HAS ROOM to move higher. If the answer is no, add to your strategy when NOT to take a trade.

How can we to abandon the loosing strategies?

1 Answer

1 Answer

How can we to abandon the loosing strategies?

1 Answer

1 Answer

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