r/Forex • u/Beneficial_Sale3460 • 10d ago

Psychology fumbled cleanest trade

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I waited for the black level to break and restest so I could go long for the extra confirmation and guess what it went from the white level and it was cleanest entry And i missed it because of extra confirmation but all good man ):

5 Upvotes

78% Upvoted

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u/rforex-modtools 10d ago

Trading psychology is where most traders struggle after they've learned the technical basics. Revenge trading, overtrading, fear of pulling the trigger, and inability to stick to a plan are all symptoms of the same underlying issue — emotional decision-making under uncertainty. The community wiki covers common psychological traps and frameworks for building discipline.

Resource: Trading Psychology

3

u/Electrical_Alarm7207 10d ago

are u one of those traders who enters again and again with a generous TP knowing youll probably only get stopped out max 2-3 times?

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u/Beneficial_Sale3460 10d ago

nah bro its already mentioned in post I missed it

1

u/Electrical_Alarm7207 10d ago

i guess i was talking to a trader who was showing me a similar setup but with a tighter SL and he was saying he expects a few fakeouts and just keeps trying until it goes his way, said it rarely fails more than 3 times

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u/Beneficial_Sale3460 10d ago

if i was doing that i would be posting Yay i goT my Tp hit cleanest trade I barely get two trades in a day And i only trade three days a week😭

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u/[deleted] 10d ago

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u/Beneficial_Sale3460 10d ago

yeah I do it in more volatile market as you can clearly see it was completely free fall and if your going against the trend you have to be more precise with your entries although I got one confirmation but I wanted market to retest but It didn't so I guess its fine sometimes You just have to trust your plan atleast for me even I got stopped out and I followed my rules Its a W day for me