My best trade ever!

This is my best trade ever. Not because I entered correctly. Not because I got stopped out at Break even.

Because I analysed the trade and stuck to it without chickening out. I stood firm on my position and not take out prematurely. When I was sure it wasn't going my way, I took it out at BE.

Had I held all my positions this way I would be in some serious pip showers :)

You must be wondering why did I hold it? Because clearly I could have gotten a nice 20pips in this one.

But that's clearly outcome bias and recentcy bias. Take a look at these trades I made today as well.


Because I chicken out, I missed out on a lot more pips. Repeatedly, had I held it to target I would gain more pips. Lesson is to hold on to your target and trust my trend lines, because that line measure the psychology of the market.

Later on I did another short beyond this picture which yielded 40pips.