Some like it , some hated it. For me it depends if the price action and signs are clear, if not I just stay away. We don't have to trade every single pair all the time. Spreading too thin also affect your focus to watch "too many eggs" at one time. When market turns and suddenly your portfolio turns red (small individual loss when aggregate becomes big), one is likely to panic and react irrationally.
If you have a handful that you can manage, then it is easier. It is all about emotional control. Like they say, when the sun is out, one can looks cool with his shade on. It is when storms and blizzards come, that is the real test of a trader. Do you suffer from anxiety, fear and sabotage your own account ?
Haha, I have been there and I can tell you is no fun especially when you thought you are ready and pump in real money into your accounts. After a period of no loss , you think you are a STAR, a player of sort and you become arrogant. Don't be like me, learnt from my bad mistakes.
Trade safely.
If you have a handful that you can manage, then it is easier. It is all about emotional control. Like they say, when the sun is out, one can looks cool with his shade on. It is when storms and blizzards come, that is the real test of a trader. Do you suffer from anxiety, fear and sabotage your own account ?
Haha, I have been there and I can tell you is no fun especially when you thought you are ready and pump in real money into your accounts. After a period of no loss , you think you are a STAR, a player of sort and you become arrogant. Don't be like me, learnt from my bad mistakes.
Trade safely.
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Thank you , Mr Market
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a false breakout , it went back into the channel. likely to go back the lower channel or 1180 price zone before seeing a rebound. Trade safely