Unlike most Gurus I do talk about the bad and hard trades. This is important so it gives you a balanced view of how trading unfolds in the real world, it is also important as there is so much B.S. (if I can say that :-) ) in this industry.......
So here is a TS3 sell on the 3min NQ that did not work out as anticipated. At worst it would have been a -1R loss (which is still smaller than the +2R Profit on the 3min YM), and at best a break-even trade. But the important point is that it did not work out as anticipated.
This is an important point, not all trades work out, loses can and do happen, your job as a trader is to keep the losses small at those times.
Thanks, Steve
So here is a TS3 sell on the 3min NQ that did not work out as anticipated. At worst it would have been a -1R loss (which is still smaller than the +2R Profit on the 3min YM), and at best a break-even trade. But the important point is that it did not work out as anticipated.
This is an important point, not all trades work out, loses can and do happen, your job as a trader is to keep the losses small at those times.
Thanks, Steve
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