Quick read · 2 min
Missed the entry? That's the trade.
Chasing a move you missed means entering late, with a worse price and a wider stop — the same setup with worse numbers.
There's always another setup. Missing one costs nothing; chasing one usually costs a loss.
If you missed it, write the setup down in your journal as 'missed' — it still teaches you, without the risk.
TradeCompass turns this into your own rules: it checks every trade against them and warns you before you break one.
Start freeEducational content only. Not financial advice, not a buy/sell signal, no guaranteed results.