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About retracement
Don’t feel bad about profit taking, as this is the “toll” charged by the market. As long as there is no problem with the trading system, don't avoid paying the money you owe - forcing it to stay will only ruin your mentality.
Absolutely agree with this! That “toll” mindset really helps frame things better - it's easy to get caught up in trying to squeeze every last pip out of a move. Accepting profit-taking as part of the game keeps emotions in check and helps maintain consistency. Great perspective!
Retracements used to confuse me — I’d always enter too early or think the trend was reversing.Once I started using Fibonacci levels and waiting for confirmation candles, things clicked.Now I treat retracements as chances to join the trend, not fight it.I trade with Gerchik & Co, and their analytics tools help me spot those zones way more clearly — makes patience actually pay off.