“I always second guess myself. I see definite set up and I know the market is going to do what I think it’s going to do…”

Feedback in:

I always second guess myself. I see definite set up and I know the market is going to do what I think it’s going to do and I either don’t pull the trigger or I get in the trade and get out too soon. Then I see all the pips I could’ve had.

I see many issues in your strategy and understanding. It will never work as you describe. You need:

• Exact rules for selecting your tracking portfolio.
• Exact rules for entering your trades at the right time.
• Exact rules for exiting your trades with a loss.
• Exact rules for exiting your trades with a profit.
• Exact rules for how much money to bet on each trade.

Also see my FAQS.

Filed under Trend Following