People refuse to accept the sample size.
No matter how much they preach about consistency, everyone still tries to squeeze the max out of a single trade. We all know your edge plays out over 20-50 trades. Yet, everyone wants validation and profit right now. The problem? The long game is boring. It’s routine.
People want action and dopamine. So, the self-deception begins: "an aggressive trade will bring faster results."
Executing a Monday open after a news drop isn't trading. It's guessing. One trade doesn't dictate your results. Repetition does.
Daily chart time. Journaling. Reviews. Structure. Discipline. Finding out exactly why you deviated from your rules.
It’s boring. But it’s the only thing that actually works. Random trades over a sample size = negative EV. Impulse entries = negative. Random M5 sweeps = negative. Any deviation from the system = negative.
Over a large sample size, it always ends exactly the same way. FOMO is the account killer.
You see a "perfect" setup outside your model, think you missed out, and abandon your edge. You start taking everything just to make a buck.
Traders don't blow accounts in one trade. They blow them chasing short-term gratification. Your job is simple: Focus on executing your system, not the PnL.
A system isn't just about entries. It’s about constraints. Narrowing your focus. Eliminating the noise.
News, manipulations, impulses—that's all noise. Trading is executing the exact same setup dozens of times in a row.
You don't focus on the result. You focus entirely on the process.
#TradingPsychology #SMC #TradingJourney #ProcessOverProfits
Sorry if this makes you look foolish, but working harder doesn't mean making more money. Big money is made only through acquired or innate creativity and the ability to take smart risks. I would even call it a talent, just like in other creative professions. To earn more, you need to think like the minority. It's not always about deceiving someone, but often it is, because that's natural selection (the strong will always eat the weak) and there's no escaping it. So stop whining and go develop yourselves!
@DavidWolfe In my subjective opinion, this is due to the breakthrough in artificial intelligence technology and its development, which ultimately results in a need for greater computing power.
@TedPillows I would even say that if you can't wait a month for your setup in the market and start forcing trades that aren't part of your strategy, you are not a trader.