Re: Honje's collection of indicators, strategies and trading journals

541
The purpose of stop loss is to reduce anxiety, relieve pain, and avoid irrationality.

Be sure to correct this misconception: Stop loss is not your fault, nor is the market proving you wrong. Stop loss is because you don't want to lose yourself by irrational trading and leading to huge losses.


If you are struggling with how to avoid the "wrong" stop loss, you will never find the "right" answer.

Because stop loss is not based on accurate judgment of market conditions, but based on your own judgment and control of rational and irrational boundaries.

Stop loss is a precautionary behavior. It is not to prevent you from judging the market trend right or wrong, but to prevent you from falling into an irrational trading state.
Do not show pity: life for life, eye for eye, tooth for tooth, hand for hand, and foot for foot.
Deuteronomy 19:21




Re: Honje's collection of indicators, strategies and trading journals

548
honje19960321 wrote: Sun Oct 09, 2022 3:59 pm 34884715-2BC1-4698-999B-1EEF31728FD5.jpeg
Where are you bro? Is everything okay?
These users thanked the author Jimmy for the post (total 2):
Jedidiah, Chickenspicy
Myfxbook live trading results 📊

List of our most powerful reversal indicators + Guide to the "All Averages" Filters (ADXvma, Laguerre etc.)
Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions + How to draw Support & Resistance

Re: Honje's collection of indicators, strategies and trading journals

549
Jimmy wrote: Thu Oct 13, 2022 4:10 pm Where are you bro? Is everything okay?
I'm sorry for worrying Jimmy. I'm fine, I've recently had a day job.
Only nights in Tokyo time have time to come to the community.

This is the Catholic church near my house. I recently found this church. I think I come here every Sunday for Mass.

Kind Regards
honje
These users thanked the author Jedidiah for the post (total 3):
vvFish, Chickenspicy, Ogee
Do not show pity: life for life, eye for eye, tooth for tooth, hand for hand, and foot for foot.
Deuteronomy 19:21

Re: Honje's collection of indicators, strategies and trading journals

550
honje19960321 wrote: Fri Oct 14, 2022 7:52 pm I'm sorry for worrying Jimmy. I'm fine, I've recently had a day job.
Only nights in Tokyo time have time to come to the community.

This is the Catholic church near my house. I recently found this church. I think I come here every Sunday for Mass.

Kind Regards
honje
Congratulations on your work man. Keep working and save a deposit so you can use it for trading brother 👏

Good seeing you online again haha we were wondering where you went!
These users thanked the author Jimmy for the post (total 2):
Jedidiah, Chickenspicy
Myfxbook live trading results 📊

List of our most powerful reversal indicators + Guide to the "All Averages" Filters (ADXvma, Laguerre etc.)
Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions + How to draw Support & Resistance