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Is Fear of Missing Winners Costing You Profits?

Johnathon Fox
10/17/2017 | UPDATED ON: 11/26/2019

Price action on the USDCHF daily chart fired off  a pin bar as I discuss in the video below…

I was not looking to play this trade because it was moving into a wall of traffic/support.


Price broke lower and some traders would have been on this pin bar and they no doubt would have made money whilst I sat on my hands and made nothing.


Price could now move lower and go onto be a huge winner and the traders in this pin bar would make a very tidy profit and I would make that same = 0.00.


However; it is what we do in the next trade, the trade after that and after that.

Watch the video below and let me know what you think in the comments below…

 

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
Previous Post: « NZD Pairs Moving into Daily Price Flips | 12 Oct 2017
Next Post: EURUSD Moving Into Price Flip Kill Zone | 30th Oct 2017 »

Reader Interactions

Comments

  1. Antonio Leslie says

    11/16/2019 at 1:40 AM

    You are a mastermind

    Reply
  2. BERRYmafela says

    11/22/2017 at 1:38 AM

    JOHNATHON I DONT HOW CAN I THANK YOU FOR THIS FOREX SCHOOL ONLINE BECAUSE MANY WEBSITE YOU PAY TO LEARN ONLINE . BUT WAT I KNOW IS THAT ,, ONE DAY I WILL SHAKE YOUR HAND , MAY THE GRACE OF GOD BE UPON YOU.. I STUDY DAY AND NIGHT … AND YOUR CHANGING MY MIND SET….. YOU ARE MAJOR 1 ,MY MENTOR , MY TUTOR , MY BOSS… be blessed more and more and more and more and more and overflow more blessing into your live .SHALOM

    Reply
  3. BERRYmafela says

    11/15/2017 at 8:10 AM

    this is powerful god bless you

    Reply
    • Johnathon Fox says

      11/17/2017 at 3:55 PM

      Thanks Berry 😁

      Reply

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