Thorr
Power Member
- Aug 9, 2015
- 729
- 345
When you open a high/short position, do you really know why you did it?
Do you have 2-3 reasons that sustain your position? If you just open a position because you think the price will go that way, it is gambling, it is not trading.
Of course in an uptrend market, every strategy works and you think you are a trading expert but wait for the trend to change direction then you will come back to earth (reality).
Do you have 2-3 reasons that sustain your position? If you just open a position because you think the price will go that way, it is gambling, it is not trading.
Of course in an uptrend market, every strategy works and you think you are a trading expert but wait for the trend to change direction then you will come back to earth (reality).