@akpips_ Depends on the system as well, I check the charts and do a morning forecast - 5 mins. Then I check hourly for about 2 mins each hour and that’s my total chart time each day.
@champagneszn777 Yeah I haven't taken a trade in 3 weeks, you have to know how to read the market condition and understand when you can be aggressive and when you need to just sit on your hands and wait,
@AbassFx_ One trade, win or loss shouldn't mean anything to you once you understand probabilities. Only the large sample matters, everything else is based on pure chance.
The components that give you an edge in trading are:
A repeatable setup
Timeframe alignment (FTFC)
Risk management
Patience
Discipline
Proper trade management
Backtesting
Journaling
Consistency in execution
Emotional control
An edge isn't just your setup..... it's the combination of all these working together. Most traders focus on finding a better strategy when they should be improving the way they execute the one they already have
@trad_ISABEL Price movement is like a force of nature, completely and utterly indifferent. The sooner traders accept this the sooner they'll be on the path towards success.
@samuraipips358 Great post, too many traders miss the fact that trading is simply a numbers game. Any small sample of trades is statistically insignificant and the result is pure chance, whether it's positive or negative.
Do you have talent as a trader?👇
Trading talent cannot be measured by mental toughness or the wins and losses in front of you.
To measure it, look at whether you understand probability, can break down your own decisions and actions, and turn them into a measurable, reproducible structure.
If you assign value to immediate wins and losses while playing a game where winning is good and losing is bad, of course your emotions will move with the outcome.
That is not a lack of mental toughness.
It is a lack of understanding of probability and a lack of preparation.
If you are wondering whether you have talent, stop asking yourself the vague question, “Am I talented?”
Ask yourself these instead.
・Have you ever turned a hypothesis into testable conditions?
・Have you built a measurable, reproducible process?
・Do you understand PF (gross profit divided by gross loss) and expectancy?
・Are you repeating the same conditions across a large sample size?
・Instead of deciding that a mere few hundred trades are enough, are you continuing until you have accumulated a truly large sample size?
Do not ask whether you have talent.
Ask what your effort has created.
Rules.
Samples.
A measurable, reproducible process.
If you have created none of these, your talent has not been disproven.
It has simply never been measured in any meaningful way.