Identifying problems

Identifying problemsLeçon 6 sur 95 min de lecture

Closing too early

The second worked chain, from cutting trades before they finish down to fear, and three fixes that change the situation.

The second chain runs on a problem almost every beginner has.

The behaviour

You close trades before they reach either end.

Not at the take profit, meaning the price a winning trade closes at. Not at the stop loss either. You close somewhere in the middle, because the number on the screen moved.

The trade ended because you could not watch it, not because it finished.

The chain

Why close early? Because seeing the position move against you is uncomfortable.

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