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Originally Posted by Soheilkhan
Nina,
Thank you for the post. I lost 110 pips because I thought a retracement is coming our way. You were absolutley right, It just could've happened to a newbie like me. I lost my rules and I lost my money. It was a very big/sad punishment. But a Big experince for me to continue to work and study so these things won't happen again.
Thanx again.
Best ragards,
Soheil
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I once got told by an experienced forex trader that new traders are not entitled to think or have hunches about that market, that they are only entitled to let the market tell them what it is going to do, not the other way around.
Got caught many times in the past trading what I THOUGHT would happen.