This was such a relief! I thought I was going crazy when I looked at my P&L but the video revealed that my trades were very logical. This is such useful information, as believing I am out of conrol and believing that I have made mistakes leads to …. being out of control and making mistakes.
TRADE PLAN: ways to reduce false breakouts on long H-C-Bs
– focus on the formation of the lows rather than the highs
– wait for a new high and then buy a pullback
– watch for the 50% intraday and at the first sign of buying, jump on board
– use some or all of the above but focus on an entry that includes 50% intraday fib within the SL
