Panic - a sudden fear which dominates or replaces logical thinking. I've had that today. It cost me 33 pips. I have checked all the indicators, ran my calculation and set up my trade properly but it was to be undone by a moment of panic.
Maybe as my coach said it, stay away from the monitor after your entry. It helps to keep you from being perturbed. However i find it rather difficult to stay away after the entry...my sight was like glued to the charts, unable to break away. It will takes lots of training to do what my coach can do.
In the meantime, i could only try to look for some activity to occupy my mind after my entry.
Cheers.
Maybe as my coach said it, stay away from the monitor after your entry. It helps to keep you from being perturbed. However i find it rather difficult to stay away after the entry...my sight was like glued to the charts, unable to break away. It will takes lots of training to do what my coach can do.
In the meantime, i could only try to look for some activity to occupy my mind after my entry.
Cheers.
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