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I think if you trade a particular instrument or candidate on a pretty regular basis over time, & your set ups revolve around repetative triggers etc, the subconscious kicks in.
These ingrained behaviour traits (especially based around price activity at key levels & patterns) tend to form alerts, & whether we realize it or not, illicit a response/reaction to a previous consistant behaviour pattern.
I guess those who eventually begin to notice this type of behaviour tend to be traders who adhere to a well honed & developed strategy-plan.
Nothing like wrapping a workable set of rules, trade plan & repetative structure around you to focus the mind  |
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HiTex and everyone else,
Great thread Soultrader.
Yes to the repetative trigger part, for sure. The problem is that sometimes the trigger needs an adjustment like adding a filter when the market is jumpy.
I have noticed that my automated strategy has taken a ton of losses after entry due to the volatility recently. Premature exits also. When you see that happen, it is time to go back to the manual entries and work on adding a filter. Has anyone else noticed excessive slip lately?
Have a good day,
FD1