If you missed the grand finale of the #FinalQuest Bootcamp 2026 with @Fairy_Trades ,have been able to note some key points that Would help your trading. A thread ๐งต
If you missed the grand finale of the #FinalQuest Bootcamp 2026 with @Fairy_Trades ,have been able to note some key points that Would help your trading. A thread ๐งต
Your journal is your data bank.
If youโre not journaling and reviewing your trades wins or losses youโre starting from zero every single time. Thereโs a difference between what works and what consistently works Do the study. Review the losses. Go back to the drawing board. ๐
Key Points on Day 5 (The Grand Finale) - The Psychology of Technical Analysis with @Fairy_Trades
- Psychology is beyond emotions
- To be a good trader, you want to pay attention to the following aspects of psychology:
1. The Psychology of Price - Everybody can teach you a particular strategy but you need to study it extensively to be able to apply it (understand what the candles are doing and what buyers and sellers are doing).
2. The Psychology of Execution - Having a technical edge doesn't mean you will be able to execute. you might know what will make you profitable but you are not executing.
3. The Psychology of Self - This is very important and without it you will be trying to trade as another person and you won't have your own edge.
- How do you trade a lot of pairs? Have something simple you want to see. Something that works.
- What works depends on how you understand and interpret it.
- After your study, and execution you will observe patterns that repeat themselves that you won't observe unless you study.
- The best trades you will take are when everything is aligned.
- You blindly trade a concept when you don't know what validates and invalidates it. You're moving on 'hearsay'.
- Understanding the Psychology of Price helps you understand and interpret actions of both buyers and sellers, meaning you can trade any pair and in both buy and sell conditions without losing money on both sides.
- Most of the things you've accepted to be true is because you are too lazy to do your own research and study.
- Mastery is when you have a consistent edge that works and adapts in real time.
- The difference between a setup that hit SL and one that hit TP can just be a candle so go back to your candlestick bible.
- Liquidation is not necessarily an invalidation, and in most cases is a confirmation.
- When price is coming from a valid sell point of interest, price isn't going to make a U turn, you're most likely going to see a liquidation before price makes the move. (E.g. you want to take a sell but price then sweeps PDL, you should wait for liquidation first).
- Go back and review your losses so you can create a checklist for when to exit a trade with grace.
- There's a difference between what works and what consistently works.
- Your checklist makes things simple for you and it should contain:
1. What you are looking for.
2. Where you're looking for it.
3. What invalidates it.
- Your journal should be your data bank. If you don't journal and review, you're on a long journey.
- You still have to go back to the drawing board.
Update๐จ
Due to slight technical issues, Final Quest Bootcamp 2026 would start in 30 minutes time.
At the heart of everything we do is a deep passion for excellence so please bear with us on this one.
Thank you for staying locked in with us. Weโre excited to wrap up this transformative bootcamp on a high note!
See you all in 30 minutes!
Mr @Fznation01 gave us his thought process behind Asian map but before then he laid emphasis on who a profitable trader is:
* A profitable trader is someone who trade their their experience while an unprofitable trader in someone that trades everything ๐งโโ๏ธ
Now let talk Asian map