Comments on: Good Experiences Come From Patience http://trading-u.com/blog/index.php/archives/2170 Forex & Futures Trading Education Sun, 09 Jan 2011 20:29:47 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Mario Fernandes http://trading-u.com/blog/index.php/archives/2170/comment-page-1#comment-322 Mario Fernandes Tue, 15 Jun 2010 17:16:55 +0000 http://trading-u.com/blog/?p=2170#comment-322 Yes, I agree that it IS very important to stay relaxed and chill while you take a trade and simply be in control of that trade or trades. Keep focused on your MACD and Stochastic of the next highest time-frame in which you took the trade. Eg. Trade taken in the 3 minute time frames calls for us to managed by the behaviour of the MACD and stochastic in the 15m time-frame. If I make mistake in entry, then I say to myself "If in doubt - then get out" - but my studies in my 15m chart will shout that out to me first. It does take much time and practise - but boy it's worth every effort. Pay day is not too far away. Yes, I agree that it IS very important to stay relaxed and chill while you take a trade and simply be in control of that trade or trades. Keep focused on your MACD and Stochastic of the next highest time-frame in which you took the trade.

Eg. Trade taken in the 3 minute time frames calls for us to managed by the behaviour of the MACD and stochastic in the 15m time-frame.
If I make mistake in entry, then I say to myself “If in doubt – then get out” – but my studies in my 15m chart will shout that out to me first.

It does take much time and practise – but boy it’s worth every effort. Pay day is not too far away.

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