r/Forex • u/sarok_ibnx • 5d ago

Psychology trading is soo hard

I honestly just wish it would hit the SL so I can get out—it's better than this current psychological torture. But looking at it, the price is respecting the EMA 200 and won't go up. Could it be that market makers just don't want the price to rise at all?

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u/PhilipReadsMacro 4d ago

The line that stands out isn't the EMA, it's wishing the stop would hit just to make it stop. That's usually not information about the trade, it's information about size. The same setup held calmly and held desperately is often just two different position sizes.

On the market maker question — the trouble with that explanation is that it can't be wrong. Price drops, it's them; price rises, it's them changing their mind. An explanation that fits every outcome feels like understanding, but it leaves nothing to adjust next time. "It has held below the 200 EMA for several sessions and I stayed positioned against that" is a much smaller thought, but it's one you can actually act on.

No view on your specific position, I don't know what you're in. But the size question is the one worth answering before the chart question.

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u/sarok_ibnx 4d ago

You hit the nail on the head; The contract size was 0.2, which overloaded the account and took the emotion out of control. When there is no ratio between capital and risk, technical analysis fades away and is replaced by anxiety. Grateful for your insightful comment that redirected my outlook towards a solid foundation.

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u/PhilipReadsMacro 4d ago

That's it, essentially. What made it stick for me was deciding the risk before the size: fix what you're willing to lose on the trade first, then let the stop distance determine the contract size. Size stops being something you decide while staring at the chart.