Quote:
Originally Posted by Carnegie Ah yes but you see, this goes for every single trade that is a loss.
Every loss trade should have been reversed right? |
Right, I shouldn't have said it that way.
Quote:
Originally Posted by Carnegie But it is rather that the THINKING on my part has to be reversed, which is why I started to ask the questions.
Hope you don't misunderstand me, I found your post very valuable. |
Your thinking process seems right to me :
- you studied the chart and found a trend ;
- you used previous experience to create an analysis that can have an edge ;
- you invested based on all that, you lost and now you're trying to understand why and move forward.
The progress will be slow but at least you might become a profitable trader that way later on.
Hint : in my opinion, going the way of market orders/indicator signals isn't really profitable.
I didn't see the third post you are talking about. I've subscribed to the thread and I receive every post in my mailbox but it's not there. Could it be that you were reading another thread ?
Back to your subject : order flow. Forex being a over-the-counter market, it's quite impossible to have reliable order flow data if you're not a major market maker. But it can be done with futures and you can even chart it as show on Brett Steenbarger's
blog.