Mengi

Documenting the journey to consistency.

[Mengi @MengiTrades]

3 years into trading, and I'm still not consistently profitable.

I've studied countless strategies, tested more setups than I can remember, and spent thousands of hours learning the technical side of the markets. At this point, I don't think that's what's holding me back.

If I'm being honest with myself, it's the psychological side: inconsistency, impatience, and being far too focused on P&L.

That changes now.

I've invested too much time and effort into this journey to let those things define the outcome. It's time for all of that work to finally pay off.

Let's get serious.

[Mengi @MengiTrades]

I'm slowly realizing that I can't just copy another trader and expect to become profitable.

I need my own system. My own rules. My own process.

That doesn't mean I have to reinvent the wheel. I can take concepts from other traders and adapt them to myself, until they become my own system...

Everyone's brain works differently. What works for someone else might be completely wrong for me.

At the end of the day, it's my money and my responsibility. I have to learn to rely on myself.

[Mengi @MengiTrades]

$BTC Changed Bias. Looking for something like this. Could sell first into smaler demand-zone, but will skip that.

Don't diddle in the middle.

[Mengi @MengiTrades]

$EUR Look suspicius

[Mengi @MengiTrades]

@TraderJqrit And yet there are still people claiming they became profitable in just 6 months. 😂

[Mengi @MengiTrades]

-1 R
Will look for a re-entry, if we get. This time I will look for a stronger break

[Mengi @MengiTrades]

$BTC short
Lets see, if it plays out. Impulsive downmove at market open was the trigger.

[Mengi @MengiTrades]

@joseftrades That as well, of course

[Mengi @MengiTrades]

@TraderJqrit GM🌞

[Mengi @MengiTrades]

@joseftrades I still need to drill that into my head.

[Mengi @MengiTrades]

My last trade was 2 days ago, and I already feel the urge to take another one.

I'm slowly starting to understand why I'm still not profitable.

[Mengi @MengiTrades]

@TraderJqrit The trend is your friend. Always has been, always will be.

[Mengi @MengiTrades]

@follis_ Up and then down

[Mengi @MengiTrades]

@TraderJqrit Exactly. No trigger, no entry

[Mengi @MengiTrades]

@RidaaXBT That makes sense. I can definitely see that scenario.

[Mengi @MengiTrades]

$Gold
I don't touch anything inside this grey box. It's just consolidation to shake out participants imo.

patience

[Mengi @MengiTrades]

$EUR
I'm focusing more on the HTF now. Daily

[Mengi @MengiTrades]

$BTC
Maybe we get smth like this.
Grey box is consolidation. I'm just a bit skeptical about the liquidity above. I just need a clean entry.

[Mengi @MengiTrades]

@TraderJqrit Red Box plz, than down. Check your DM's 😁