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Video 51D 26:32 mark: A common problem I face in this scenario is scaling in above a bull bar but not holding to get out break even on my first trade and with a profit on my later entry. I worry that at that moment the market is AIS and a 2nd leg down will follow, so I take a scalp profit on my second entry. When the market does go back to my earlier entry I invariably feel disappointed at myself. It's very hard but I will learn to do it!
Hi Wolfgang,
in that mentioned part of the vid you should see the whole context. Previous day gap up and BO of previous tight B R CH where the first swing SL should be placed, always be prepared for a retest of that. You should hear what Al is saying very carefully at 26:57 about experienced traders and their behavior , this might help you to reconsider those situations.
When the market does go back to my earlier entry I invariably feel disappointed at myself. It's very hard but I will learn to do it!
You should have enough understanding for yourself and be polite to yourself as the market is doing what it is doing and you have no influence on that.
