And it has an 80% winrate, meaning 60 will be losses.
January through October, you manage to take 250 trades, with only 30 losses.
Then comes November, December and all of the sudden you witness a 10 trade losing streak, TWICE
And a few more losses here and there.. Do you lose faith in your _?
Or do you follow the good old sayin.. "When in doubt, zoom out"
Or.. Do you lose faith in your _ in those two months?
Only SEASONED traders will understand this..
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If your _ offers you about 300 trades a year
And it has an 80% winrate, meaning 60 will be losses.
January through October, you manage to take 250 trades, with only 30 losses.
Then comes November, December and all of the sudden you witness a 10 trade losing streak, TWICE
And a few more losses here and there.. Do you lose faith in your _?
Or do you follow the good old sayin.. "When in doubt, zoom out"
Or.. Do you lose faith in your _ in those two months?
Only SEASONED traders will understand this..