Monday, July 23, 2018

No Pattern from Friday

I think the urge to trade every day is a bad habit. With discretion system, we sometimes are tempted to trade. The good thing of Harmonic Pattern is we are forced not to trade if there are no pattern emerged, like what happened in the last 2 days.

 Maybe there are better trading system out there that you can trade every day and probably will give a better result than the current system. But the problem is can you handle the system? Not every day is a good time to trade. Like sailing in a storm and big waves, sometimes the best answer is to wait until the weather is fine.

Once again, it is not how to find the best system out there but how to find the best system that suits us in a long term consistently. A time like this is a good time to find better ideas around the trading system.

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