Let's say you analyze the charts, you make a call, and place a trade with a certain time horizon. How do you avoid getting 'shaken out' in the short term?
Any feedback welcome.
Staying firm to the decision you have taken should do the trick, sure you might alter your trades at times and come out successfully some times but that's not a guarantee you can carry-out such alterations simultaneously and be profitable all the times. Doing so also means you didn't carry-out your TA perfectly and would start making you loss confidence in yourself.
The market is under the influence of manipulators, the whales know their games can trick gullible traders to falling victims to their games so they do this occasionally. You just have to stick to you plans and if they don't play out as you have expected you work on yourself in improving your chart reading skills/interpretation.
But there are change of mind or decisions that can definitely save you up on some unfortunate events and i can tell you that it had saved me for a lots of times where i do hunch about on changing
my decisions or goals on a specific trade on a certain day.It isnt as always though but there are really times that i do really experience it along the way. Staying firm is always a good thing or suggested one
because sticking to plan are much more preferable because if that one doesnt work then you can jump to other one but it isnt really bad either to change up something which you do saw
that there might be some probabilities of success.