Ignore the lagging span and get punished

235
While everything indicated a bullish uptrend, I was punished by not waiting on the lagging span to exit the cloud/be above the cloud.

The lagging span is known as the first indicator to signal a bear market and the last to signal a bull market. As you can see it would have protected the trade on what ended up being a misjudgment.

Misjudgments like this should not happen when using a concrete methodology behind your trades. Misjudgments do not have to be losses either.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.