1Pipped
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Try not to worry about the one pip trades jonj, happens to me all the time!! I used to think the universe was conspiring against me at times, but when I checked my past trades I saw that there were about as many 'one pipped' trades that were GOOD (eg: target hit by one pip, or entry to a really good trade hit by one pip, or entry to a really bad trade missed by one pip, etc.).
A few years ago I was reading something about poker, and it was saying that as human beings we will take risks to avoid pain (overbetting your AA incase they get cracked, or moving stop to +1 ) more readily than take a risk to gain (like leaving stop where it was). And we focus and remember the painful things more than the non painful, even though theres no logic to it.
So getting one pipped on a stop loss is as good, as it is bad, in the long run, is what I mean, or something like that .... I just havent explained it very well.
A few years ago I was reading something about poker, and it was saying that as human beings we will take risks to avoid pain (overbetting your AA incase they get cracked, or moving stop to +1 ) more readily than take a risk to gain (like leaving stop where it was). And we focus and remember the painful things more than the non painful, even though theres no logic to it.
So getting one pipped on a stop loss is as good, as it is bad, in the long run, is what I mean, or something like that .... I just havent explained it very well.