[4/2 1 match 1 win +408 pips] GOLD Trade Commentary | Stop entering early based on predictions to prevent mistakes
"It seems like it could rise from here"
"It might break downward, so I’ll sell first"
Haven't you tried this kind of entry?
Thisis something almost all losing traders doas a common pattern.
At first glance it seems like you can "predict ahead," but this is just a guess.
Trades entered on guesses strain your mental state more than you realize lol
The reason is simple,because you entered before the fact occurred.
When you enter based on a guess, the chart moves slightly in the opposite direction and you feel uncertain, thinking "maybe I was wrong."
If it retraces a bit, you exit at breakeven, and later you see it move as expected and feel despair.
This is a path every trader goes through at least once.
To enter after observing the facts meansto act in response to what actually happened.
Once you break through the wall, or you see the trade setup③ appearing, or it dives into the moving average, you move after the fact shows itself.
That’s all. Simple, right?
When you enter after observing the facts, your justification for entry becomes clear in your own mind, so you won’t be as anxious about minor retracements.
As a result, stop losses work better and taking profits can be held longer.
Even in today’s chart there are several moments when you’d feel like jumping in on a guess.
Look at it with the perspective of “act after the facts” ^^
This content will greatly accelerate understanding for those who have GOLD as a special remedy, so grab it while you can.
If you wait to grab it all at once later, you may fall behind.
As a bonus, I’ve developed an amazing tool.
This will, in the future,become a reader-only benefit of Investment Navi+.
I’m organizing the new features now (;'∀')
Now, to the main topic.
As I’ve said many times, in this Investment Navi+ we explain in detail where to recognize walls
and how to combine higher and lower timeframes.
We provide details on this.
↓ Here is the method that improves the problems in trading
https://www.gogojungle.co.jp/tools/ebooks/50406
Now, back to the usual article.
It has a feature to toggle displaying the higher timeframe on top of the chart ON/OFF.
