While many trade for the thrills, they often do not know why they win or lose.
I was in a fortunate position where I control myself better (and no trade to indulge myself in the thrills of trading).
Let me tell you what happened today to myself: I entered a short position into EURUSD in the morning around 1130am with a profit target at 1.222 and stop loss at 1.241 which is near the high of the last 8 hours. I anticipate the price will go back to the downtrend with confirmation from the indicators.
It hit stop loss at around 245pm. Although the loss was realized, I actually feel happier that I have a stop loss (as the price is at xxx already at the time of writing) and I really feel happy despite i’m wrong! :p
