1. Pulling The Trigger Archives

Pulling The Trigger Video Lesson

 

Today we had a 50 minute webinar for members of the Fibonacci Trading Forum, on the topic of “Pulling The Trigger”.

This webinar recording is packed with solutions to several other trading problems, as well as the “Pulling The Trigger” issue that many traders struggle with. The recording is available to members, for only $9.95 you can view it, and other recordings too.

Below is a free preview of the webinar, on YouTube;

FibMaster video Pulling The Trigger

When To Stay Out Of The Market, When To Trade

 

This is a trader question from the Fibonacci Trading Forum.

Bert says:
What is not working for me now?
Mental discipline of when to stay out of market and when to halt the trading. The patterns I was taught work there is no question but sometimes they don’t… So many times I’ll re-enter only to get stopped again. And of course once that happens I may hesitate on one that works. Blending the Higher Highs or Lower Lows and TRSI triggers is very helpful but I struggle with trusting a continuation of a trend.

Neal responds:

If you have confidence in your system, and your risk is within tolerance, it will be easier to stick with a trade, and to take the triggers.

Review your strategy, review the results. Check that your risk is acceptable, and whether your setups are reliable. Sure sometimes there will be losses, and some days it will be stressful. But over time you should come out ahead. With that knowledge, your profitable outcome, you should be able to trust the trend execute your plan.

-Neal (FOREX Fibonacci Trading)

Pulling The Trigger

 

This is a trader question from the Fibonacci Trading Forum.

Martin asks:
I seem to be waiting for the optimum trade and then do not pull the trigger, but then see it go the way I thought it would.

Neal responds:
There are several primary causes of this problem;

Lack of confidence.
Fear/Risk.
Over analysis/indecision.

We’ll discuss this in a future Fibonacci Trading Forum webinar.

-Neal (FibMaster’s Fibonacci Trading Course)