Why most Of the times traders think price goes against themWas discussing over some points over the BizAsis's Chat platform there I got the clue to wr
Why most Of the times traders think price goes against them
Was discussing over some points over the BizAsis’s Chat platform there I got the clue to write it down.
- Market is waiting to begin next wave to each out next resistance levels.or market want to continue in Bullish wave e.g Uptrend
- Market is waiting to to begin next wave up-to next support.or market want to continue in bearish way e.g Downtrend
- Trader who thinks, he placed a trade and started fear what he did is he either
- Entered the trade on resistance or on Support which is likely but without Confirmation he entered and suppose to loose
- He had not seen for what other traders wanted to move price in direction.
- trader also neglected at this point about market fundamentals he just saw dimension about trades that Ohh yes! we got the price at support ,or we got the price over resistance etc.
- he thinks he is following the the market rules and market going against him.