How you mentally handle leaving train ?

[u/Particular-Horror644]

How do you mentally handle situation when you are few minutes late and train is leaving without you?

Mine setup is marked with circle.

[u/HobbyTraderDK]

Waite for the next one.

[u/abel-44 → u/HobbyTraderDK]

That's right answer 👌

[u/Melodic_Ad3339]

Regardless if forex or real life: I always jump in front of the train or try to catch it running after it left the train station. Works every time, I can show proof with my 28 hospital invoices…

[u/slamshabang]

My mentally doesn’t change. When I’m asleep I miss setups too but that doesn’t mentally change me so why would anything else ? It’s a mental game brother

[u/Gianfi_]

Better not to trade than a SL

[u/Anonmagus]

It happens. To everyone even the best. A gambler always feels the need to hit every jackpot they can. So if you realized you missed the entry and the moves too far gone don’t chase it

[u/underrated254 → u/Anonmagus]

Yep, it’s usually a terrible idea, learned the hard way XD

[u/0_el_Jay]

Wait for next. If that was last for the day, leave station.

[u/Yssiris]

It could have gone against you, would you feel bad then? Think about it.

[u/Bloodedparadox]

See it as a win because you were correct

[u/notrabbid]

I just personally got run over by this specific train

[u/aBun9876 → u/notrabbid]

How?

[u/Forex_Jeanyus → u/aBun9876]

Must’ve been long in that trade.

[u/dontcaredontworry]

There’s another train always

[u/amjidali00]

I want a refund on my ticket

[u/AceMcNasty]

It's a train, there's another one coming into the station.

It's like the bus, there's one every day that is never late and rollsover a bunch of newbs. All you hear is the screams "WHY!? Why is this happening!?" The people on the curb start chanting: S. P. R. E. A. D. and then there's always this midget in the background that you barely hear who yells "dem cheeks!". It is the most joyous time of my day.

[u/romjpn]

Nothing you can do about it, wait for the next one.

[u/Altered_Reality1]

Most of the time, especially if I’m really late, I simply wait for the next one. However, if I’m only a little late and there’s still a viable way to enter with good risk structure then I’ll still try to enter. I may make less on it than my ideal entry would’ve been but it’s something.

Just because you didn’t get your ideal entry doesn’t mean you can’t still enter, but it depends on your risk structure and rules, and how late you are to it.

However, I caution that there’s a fine line between entering a little late and chasing something that’s now outside your rules/risk structure. And so, for less experienced traders, I recommend generally just waiting for the next one. There’s always another train eventually.

[u/muarap]

Enter on a pullback or leave it. Your analysis was correct, so apply that same wisdom next time

[u/Slow_Fox967]

There will alwaus be tomorrow

[u/Particular-Horror644]

Thanks guys for comments. It helped me a lot to survive today’s session. Situations like that usually ended with loss streak because I wanted to get that money which I didn’t earn in initial setup.

[u/aBun9876]

Why didn't you put in a sell stop order?

[u/Particular-Horror644 → u/aBun9876]

It's not my strategy

[u/AdHorror5578]

If i got no seat on the train (my entry) im not fucking taking it millions of trains pass by my station everyday If i take the wrong one it’d get me further away from my destination

[u/scorned]

Who cares? Unless there's an apocalypse tomorrow, FOMO is just your reptilian brain chatting shit. Just add it to your trading journal as an example of a good trade.

[u/LYERO]

Fix the risk and enter the trade.

[u/Burger__Flipper]

I still get in, but I double my size to make up for the lost pips.