Quote from: fauzan Ichsan on Today at 03:50:04 AM

Quote from: CageMabok on June 13, 2024, 02:14:54 PM

Quote from: jeraldskie11 on June 11, 2024, 03:31:09 PM

In my opinion, if you see the setup you want in the market, you should trade. Seeing the setup you want will not always show up, and it needs a lot of time. It's an opportunity, I would always trade with that setup because waiting can sometimes cause unnecessary decisions that will lead us to trade without the clear analysis.

That's a much more logical thought actually because not always waiting can be very meaningful and can be very profitable if the direction is trading. Certain settings in trading usually lead to assistance and comfort for the trader himself in the market he uses so that at any time a person can continue trading without having to wait for something uncertain except just waiting for the price to fall or increase at one time. Because analysis will still need to be present in every job we will do in order to be able to measure how wise the decisions we will make are.

For me, setup is very helpful, especially if we can't always see the market and lots of other activities outside the home. by analyzing it first and creating a framework, it will be easier for me to place trades, so often when I open the market the trading position is closed by itself because it is already the target, but sometimes it is the opposite, so that is the ups and downs of trading.

This also helps to practice your patience, if you aticipate how the market will move then you can simply place your position and like what you said it will close itself once it reached your position, though not all have that capailities and most of the time those anticipation failed or instead of doing single trade when your position get triggered you'll think that you fully know what will happen next, it's a situational decision making and more on how you practice your set up and hpw you execute your desire strategy.