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)

Filed under: 1. Pulling The Trigger • 2. Dealing With Losses

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