Re: The event which opened my eye towards breakout's
The event which opened my eyes towards trading.
I wondered.whether it is a peculiar phenomena?
It happenned day in and out..the maximum frequency between that warring crowded bus and next empty bus was 12 Minutes..The beauty is that the empty bus which I took always reached my destiny well before crowded bus
It really opened out my eyes..That is the day when I understood what exactly is a breakout and what is a breakout failure..
Being impatient, being frustrated,in pursuit of being first,in the fear of missing people rush and make irrational decisions in life as well as trading. Almost 99% of the crowd.Their mind is conditioned. Its hard to changeThats why experienced people say dont follow the crowd dont follow the herd
Most people trade breakouts in the same way .The moment they see a breakout they jump in and get trapped..They are not patient enough to wait for a retest or breakout failure..The hole is created not by market but by impatience,frustration and trying to be first and a feeling of "missing something
I wondered.whether it is a peculiar phenomena?
It happenned day in and out..the maximum frequency between that warring crowded bus and next empty bus was 12 Minutes..The beauty is that the empty bus which I took always reached my destiny well before crowded bus
It really opened out my eyes..That is the day when I understood what exactly is a breakout and what is a breakout failure..
Being impatient, being frustrated,in pursuit of being first,in the fear of missing people rush and make irrational decisions in life as well as trading. Almost 99% of the crowd.Their mind is conditioned. Its hard to changeThats why experienced people say dont follow the crowd dont follow the herd
Most people trade breakouts in the same way .The moment they see a breakout they jump in and get trapped..They are not patient enough to wait for a retest or breakout failure..The hole is created not by market but by impatience,frustration and trying to be first and a feeling of "missing something