I've been waiting on a short all dang day. Should I not be trying to get more than 5 pips at a time? haha Sometimes I feel like I will never get this.
Any help or ideas to help me get better are welcome. Because I'm new my goal is 20 pips each day. Maybe I should have waited to get in? The RSI isn't overbought? My target is at 100%. Should I go for more? or less? Watching the trade retrace makes me want to close it out and take the small profit then get in again, but I normally end up losing the small profits...
Ok, let's try this again. I've got a short in with 10 pips gained so far. I'm fighting myself because I want to close it and bank the profit but I want to let it run to see where it will go. I hope these trading emotions get easier or I'm going to end up with ulcers. Please comment below any advice that will help me get better.
I'm very new to trading and still trying to learn what the heck I'm doing and what I'm doing wrong. Today this trade presented itself and I just want to rant about my fear and inability to let the trade run it's course. I know it takes time. I know I need to be more patient. Instead of letting my initial trade go the distance, I took profit early, then added a...