Missing trades won’t make you go broke, but chasing them often will.
@jfsrevg @CFlanders7 This should go on a coffee mug
@jfsrevg Well said. Missing a trade really is no different to missing a form of public transport. The next one is just around the corner. Chase the one you missed and you will simply get caught in-between them both and not make it to your destination.
@jfsrevg True, but you still need to answer the question why you missed the trade, and work on it so that you don't just become okay missing trades
@jfsrevg Make trades when set alerts 🚨 trigger. Easy
@jfsrevg Don’t rush setups. Let them come to you. Reel them in.
@jfsrevg 100%. Only beneficial thing to do with a missed trade is to journal it. Identify why you missed it and see if you can catch it next time
@jfsrevg Letting trades go is a skill. Chasing them is a mistake. Know the difference.
@jfsrevg Yes sir! A good entry can make a trade return 2x the money and more!
@jfsrevg Absolutely, the urge to chase after missed opportunities can lead to more significant losses than the trades themselves. Patience and discipline are key in trading.
@jfsrevg No big deal. Chasing them? That's where the trouble starts.
@jfsrevg it highlights the Idea that being patient and sticking to your plan is far more beneficial than rushing into trades out of FOMO