In a way you are right. If one is so confident that a price level will be retested after a fall, he should confidently go long at bottom and book profit when it retests the previous level. This is what you mean...right ?
yes as long as you are light on position when overall trend is against your trade.
Such days are reminding 'The Market Can Remain Irrational Longer Than You Can Remain Solvent'
True for me too. Yesterday's loss almost covered in Bajfin correction buy, in just few seconds. Why afraid to take the trend, no idea, may be fear. This correction scalping also gave me good losses at times.