F.E.A.R.

Transparency on this blog is of utter importance to me and to that end, I don't want to make it seem that the last 3 months, which admittedly have been quite 'easy' to trade, are very typical. They are typical with respect to profitability but the 'ease' with which those profits were garnered is not.

The opportunities on both the bullish and bearish side are there. Your (my) psychology to execute those trades, however, is the matter of importance!! For instance, this morning we had a beautiful Power of 9 set up at 992:



It was an absolutely gorgeous trade in hindsight. We were oversold on a number of time frames and had trend line support. To be honest, it was my fear of the trade turning into a loss that clouded my judgment. It was only 30min after the trade signal had been triggered that I noticed the Power of 9.

How many times has F.E.A.R. (False Evidence Appearing Real) clouded your judgment?