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I am a couple months in trading strictly the Micro EMINI and although I have good days and bad days, one thing I notice is that I can see a perfectly good reversal setup - Wedge/DT/DB, but for some reason I find it very difficult to put the trade on... I tend to do better with continuation patterns but I often see the reversal play out where it would have been a good trade.
Anyone else able to get beyond this mental block?
Anyone else able to get beyond this mental block?
Reversals are scary because sometimes the withtrend momentum is strong, and they are all low probability, and these two characteristics together make them difficult to take.
You just need to go thru many more reversals and at some point you will have the confidence to take the trade. So keep trading your continuation patterns but observe in deep the reversals, compare them with others you saw before and, one day, something will click in your mind and you will press the trigger.
Note: the first shot you will probably lose, but don't give up! 🙂
Thank you.. a few patterns have definitely "clicked" for me, now looking to add.
