Exiting via stop loss

[johnboy]

Hi
I scalp and can usually make money, but have a discipline problem in exiting when thngs look as if they may go wrong( I tend to hope rather than face reality).
I tried using the stop loss but find that they seem to trigger events that happen faster than the eye can see and blips that may usually go for me tend to go against me.
Is there any method I can use which effectively would automatically act on the same info as say is displayed on the trade calculator without cutting me out too early due to the unseen movements?

Thanks

Johnboy

[Alpha322]

Hi
I scalp and can usually make money, but have a discipline problem in exiting when thngs look as if they may go wrong( I tend to hope rather than face reality).
I tried using the stop loss but find that they seem to trigger events that happen faster than the eye can see and blips that may usually go for me tend to go against me.
Is there any method I can use which effectively would automatically act on the same info as say is displayed on the trade calculator without cutting me out too early due to the unseen movements?

Thanks

Johnboy

Hi JB i use to notice the word use to have the same problem. If you haved made the call wrong you are wrong especially if you have used all the tools on BA to feel you are right. The market is no friend to anyone. I use to worry about how much a lay open position was, now i dont even think about it, thee only time that comes to mind is if PC one crashes out or BF API fails we all know about that. The other thing to take your mindset away about hanging in there is to take your mind off about making money, look towards trading well with an edge. When you have your edge you never worry about the stop loss being hit, and if it does and your edge is sharp you accept you are wrong. One of the new features i like in BA is the fact to swich your balance off, switched it back on at the end of the month and was £250 up. Dicipline it all comes together, i cant even remember the last time i done that bad habit of letting the race go in play

Good luck