While watching Charlotte Fraza YT vid, becoming obsessed with learning,a thought popped up; how did behaviour guys used social media hacked our attention which was meant for observation and learning?
Learning to trade also mean learning how to track data of your trade(s), whether in back test or in real time.
It helps if you are better financially endowed to purchase a service or you are patient with learning a skill to support the main skill
The phase of learning the trading concept, one will need to ask:
What do I want to learn?
Have I understood the concept?
Can I see the concept in hindsight?
Skills not mentioned are reading listening, note taking, time & energy management.
The pomodoro technique is not just a 25 mins of focus work. @cirillof wrote a manual into measuring and improving work.
The thoughts or emotions causing the interruption or the avoidance of work is a worthy journal prompt worth exploring.
Going from losing to consistent profitable trader takes time.
Time is necessary to figure out what worked, what did not also, what is the market condition; trending, consolidating, impacting news / macro theme.
Getting the trade direction right and making money are 2 different things, especially for SMC / ICT traders.
1. Price went where you thought it should.
2. You entered on the manipulation leg instead of the expansion leg, closed when price reverses.
Hope it clarifies.
Master patience in trading - knowing what you are waiting for in either price action or indicator at a specific timeframe before executing or dropping down in timeframe for retracement after confirmation and executing on the idea.
Just a thought on learning SMC / ICT. Splitting further the "spend more time back testing"
1. What are the definitions, are you able to actively define them without help?
2. Are you able to see those definitions on charts that are not moving? If you can, speed up the ticks.