tmostafa007 wrote: Sun Oct 13, 2024 9:10 am Hello guys,

in this situation what i have to do ? i have to wait for sell setup ?

Hi, Mostafa. I hesitated to post my analysis here, because this is Xard's thread and we're discussing his system. Besides, I'm still relatively new to trading. I appologize if I offend someone. My first plan was in gray. I was looking to sell at 23.6% Fib level and execute a counter-trend trade with a quick TP. But, when the second dot appeared, I scrapped my initial plan and opened a sell position, targetting 161.8% Fib level.

I'm sorry about your loss, and I didn't mean to criticize you. I know you're frustrated, and a single loss can be the last straw to break you. But, please, after a single loss, take some time to analyze the market again with a clear mind and open another position. Victortrend and you experienced the same loss last Friday, yet he continued to analyze that one move. This is only possible if your loss won't hurt you that much. Like Conio31 said, use smaller lot. If a mistake hurts you too much, you might start to fear it, and this is bad. We will make a lot of mistakes in this business. Good luck!