outthislife
Well-Known Member
the golden gun said:if you miss your perfect entry by +/- 5 pips then I wouldn't call that chasing, just a "bad fill"
15 pips away and you can still take the trade, but probably not going to get a great RR ratio
I agree. I view chasing as a low-thought high-emotion fill, without any other analysis to go on. Just, it's running! Lets jump in!
Like today's cable rally did that to a few people I'm sure.