Trading against one-sided price delivery can be one of your worst mistakes. No one knows when the reversal will come or how long the move extends. In these conditions, risk management and reduced position sizing are your only shield. Ignore that and the market will cut you down.
@DylanElchami Usdjpy is currently trading in one of the most manipulate ways, forming huge wicks at abnormal times. Maybe Boj is making some positions, to dump usd on after CPI or FOMC. Boj Candle Incoming 🤣 who knows....
All defeats in trading are psychological,until you quit.
No number of blown accounts, no drawdowns can stop a trader who has subconsciously decided to pursue it consciously for one more time.
@DiegoBTrades At times when market is in extremely bullish or bearish conditions, it sometimes doesn’t sweeps the equal high/lows. I also didn’t enter the buy trade after ifvg in NY-AM, as equal lows weren’t swept but still market climbed up in the lunch.
Inside the candle... is after the fact thought.
You have to predict the candles that have not yet formed... then, then you will experience the real Market Wizardry.
In trading you will often have to skip on even your A+ setups, when you don’t have enough confirmations or no time alignment.
Yeah, it sucks when it runs straight to TP without you…
but that’s trading.
Your real demons in trading live in your subconscious mind.
Ignoring them won’t fix anything.
You have to bring them to the surface, face them consciously, that’s where real progress begins.
In trading, one moment you feel like the sharpest genius alive, markets bend to your will.
The very next day, you’re convinced you’re the dumbest person on earth.
The game isn’t won by extremes.
It’s won by those who master the balance between confidence and humility.
In trading, on the days you don’t perform well enough, you have to pay out of your own pocket to the market. No other job or business demands that .
You’re playing one of the toughest games out there, it’s not everyone’s cup of tea.
There comes a stage where profitability is no longer the milestone, it’s the baseline. From there, the next game begins of making money as function of time or Capital Efficiency.