It is very frustrating when I write up the day’s PA and see that my levels were so accurate but that I also lost money. This make no sense and the root of the problem is over trading.

It makes no sense to take the same risk on a reversal as one of my RES or SUP levels and on a questionable, weak triangle setup.

I get bored so I trade.

A move outside the 3Min Bolli to retest the lower bound of my Neutral Zone – time to fill yr boots.
And another beautiful reversal setup as a LH and then a break of the failed corrective move up. As far as I remember, the first entry was a 3Min Bolli setup and the second is what’s now called a ´3Min Bolli 2nd chance’.

2 Responses to “Since my levels are so good, why not trade them instead of all the crap?”

  1. Freelance Web Developer – Web design Constanta

    … [Trackback]

    […] Info on that Topic: lovethedax.com/trading-skills/discipline-mindset/since-my-levels-are-so-good-why-not-trade-them-instaed-of-all-the-crap/ […]

  2. Ava

    … [Trackback]

    […] Info on that Topic: lovethedax.com/trading-skills/discipline-mindset/since-my-levels-are-so-good-why-not-trade-them-instaed-of-all-the-crap/ […]

Comments are closed.