Hello everyone:
As promised I will periodically make these backtesting/chart work videos on different markets, pairs and timeframes.
This is for me to present the importance of backtesting in trading consistency.
Not only it will help traders to not have emotional decisions such as FOMO or fear of losing, it will give traders confidence at identifying trade...
PART I.
You name it, adaptive, reactive, flexible are all synonyms for the same thing. The IMPORTANCE of trading psychology is pivotal to a traders' success.
For example, in this chart, you can see I am looking for longs and shorts. The KEY thing is I don't have a bias. Having a bias can cloud a traders' vision. When the price arrives at one of my level's I...